Investment Feature: Sovereign wealth funds spur expansion of the insurance industry
Source: Asia Insurance Review | Nov 2015
Avicennia Capital, the insurance holding company of Khazanah Nasional Berhad, Malaysia's strategic investment fund, has the distinct advantage of leveraging on the sovereign wealth fund's existing global market presence and resources. Mr Alexander Ankel of Avicennia Capital says by serving as an alternative financial services investment in the non-banking sector, it also contributes to the development of growth markets.
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