How Macau intends to manage its new SWF

May 12, 2019

The cash-rich gambling hub is going to set up its sovereign wealth fund this year in order to lift investment returns and invest into the Greater Bay Area.

Macau intends for its new de facto sovereign wealth fund to be managed by an independent corporate entity owned by the government instead of via its Monetary Authority, the Secretariat for Economy and Finance told AsianInvestor.

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