Sat, Jul 4, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Performance

Gulf’s SWFs’ foreign portfolio falls to $1.2 trillion last year

Posted on 17 February 2009

From Business24-7.ae: The value of the Gulf’s external portfolio – excluding the private assets of the region’s ruling families – fell from almost $1.3 trillion (Dh4.7trn) in 2007 to $1.2trn in 2008, according to a report by the Council on Foreign Relations (CFR).

The study says the region’s funds are likely to shrink further in 2009 as the price of oil has fallen to a point where many Gulf companies will have to draw on their foreign assets to sustain their current levels of imports….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 16594 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
July 2015
M T W T F S S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031