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Interview: Lawmaker behind anti-SWF bill says concerns are ‘exaggerated’
PERE's sister news service PEO interviews Alberto Torrico, the California assemblyman who recently introduced a proposed law that would force the state’s public pensions to cease ties with firms that are partially owned by certain sovereign wealth funds. Torrico tells PEO he is particularly targeting alleged human rights abuses in the United Arab Emirates, and that the objections voiced by pension investment staff are “overstated, exaggerated”.
