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Image header Agence Europe
Europe Daily Bulletin No. 9631
Contents Publication in full By article 19 / 31
GENERAL NEWS / (eu) eu/economy

Mandelson urges sovereign wealth funds to work for global code of conduct

Brussels, 28/03/2008 (Agence Europe) - In a speech delivered at the OECD in Paris on Friday 28 March, Trade Commissioner Peter Mandelson urged sovereign wealth fund (SWF) managers to work with multilateral institutions to draw up a global code of conduct that will reassure recipient countries that SWF investments carry no risks. The political challenge was to “integrate these huge new players into the global financial system in a way that reassures the recipients of investment without...

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