Peru’s Fiscal Stabilization Fund May Look Overseas for Investments
Posted on 08/29/2013
Established in 1999, Peru’s Fiscal Stabilization Fund (FEF) may look to overseas investments. Locally known as Fondo de Estabilización Fiscal, the conservative-oriented US$ 7.1 billion sovereign wealth fund may seek higher yielding assets. Peruvian Finance Minister Luis Miguel Castilla is pushing for changes in fund strategy. On the economic policy front, the government of Peru […]
