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CEO wants G20 to help unlock trillions of dollars

Published by Steve Coleman on November 02, 2011

The head of Britain's largest insurance company hopes to convinceG20 leaders to clear up the web tape that prevents pension funds from investing in infrastructure in the world's poorest countries.

With the return on investment stagnant in current world markets, Prudential Plc CEO Tidjane Thiam says private investors have the money to build the roads, bridges and communications the developing world needs to get out of poverty.

In a Reuters story, Thiam says a few simple fixes would unlock trillions of dollars of capital and put the money to good use.

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