French SWF plans questioned by CDC

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FRANCE - The Caisse des Dépôts et Consignations (CDC), the institution the Sarkozy government plans to transform into a French sovereign wealth fund, has expressed doubts about its own size and ability to compete on a global scale.

This week, the president called for the creation of a French SWF to protect domestic industry against the possibility of politically-motivated investment by outside nations. The move marked a p...

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