Tue, Jan 27, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Dubai’s Istithmar slows investment as result of credit crisis

Posted on 05 February 2009

From Bi-me.com: Istithmar World, a Dubai government-owned investment company with about US$10 billion in assets, has slowed investment because of the global credit crisis.

Chief Investment Officer Felix Herlihy said that even though Istithmar was “inundated” with calls for investment, the company didn’t plan to rush into something because it looked cheap. “We want to stick to what we know enough about,” Herlihy said at a conference in Dubai. …. Full Article: Source


 Article link

This post was written by:

VRS - who has written 15610 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031