Fri, Jul 25, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Trends

Regional SWFs vital for global economy

Posted on 18 February 2013

It is not unfair to assert that sovereign wealth funds (SWFs) of the six-nation Gulf Cooperation Council (GCC) states serve as a blessing for the well-being of global economy at large. This declaration reflects some hard facts, namely SWF’s amount on the one hand and willingness of GCC authorities to relocate the wealth in the form of investments in different sectors across the continents. This amounts to sharing wealth of GCC countries with others, clearly an internationally-responsible conduct.
The combined SWFs of the six-nation grouping amounted to a staggering $1.7 trillion by-end 2012. This represents a comfortable 35 per cent of all SWFs in the world, collectively valued at $5.2 trillion. Effectively, GCC countries account for almost all contributions of the Middle East region………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14460 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031