Mozambique: Sovereign Wealth Fund grows 31.3% in less than one year to US$144.4 million

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The Mozambique Sovereign Wealth Fund (FSM) reached a market value of US$144.4 million (€123.1 million) this month, 31.3% more than it was worth when the central bank took over its management less than a year ago. According to the latest investment report, dated 25 September, seen on Tuesday by Lusa, the FSM has reached a… Source