Reuters: Market News: Russia may invest wealth fund in economy - Putin

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Russia may invest wealth fund in economy - Putin Apr 11th 2012, 09:01 MOSCOW, April 11 | Wed Apr 11, 2012 5:01am EDT MOSCOW, April 11 (Reuters) - Russian President-elect Vladimir Putin said on Wednesday that the government should consider investing money held in the larger of its two sovereign wealth funds in regional development and strategic projects. Putin's comments, in an annual address to parliament, appeared to undermine efforts by Finance Minister Anton Siluanov to save Russia's windfall oil revenues as insurance against a possible oil-price collapse.

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