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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Bahrain’s Mumtalakat eyes new investments as portfolio improves

Posted on 24 January 2014

The finances of Bahrain’s sovereign wealth fund Mumtalakat are improving, allowing it to look for new investments more agressively this year, its chief executive said on Thursday.
With $7.1 billion of assets under management at the end of September, Mumtalakat is one of the smaller sovereign funds in the Gulf, but it plays an important role in Bahrain’s economy: it holds stakes in 40 non-oil firms, including Bahrain Telecommunications and Aluminium Bahrain………………………………………..Full Article: Source


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