Where to put present participle phrase?

  1. The broader G20, comprising developed and developing countries, would remain the main economic forum for world leaders, a status it achieved during the global financial crisis, he said.
  2. Comprising developed and developing countries, the broader G20 would remain the main economic forum for world leaders, a status it achieved during the global financial crisis, he said.
    Can I change #1 into #2?
    If it is possible, which one do you prefer to?

I think your #2 sentence is fine, although I prefer #1 - it seems more clear, since it is important to know that you are talking about the broader G20.

Thanks a lot, Luschen!