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Sovereign Wealth Funds Briefing - Categorized | Investment

Mumtalakat eyes new investments

Posted on 27 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.
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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