Selangor Has Plans for a Strategic Development Sovereign Wealth Fund
Posted on 10/25/2013
According to several reports, the Malaysian state of Selangor is planning on introducing a strategic development sovereign wealth fund (SDSWF). Befittingly, the proposed name of the sovereign fund is the Selengor Urban Development Fund. It will be introduced with a cash injection of RM 1 billion (US$ 315 million) with the money coming from private […]
