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Sovereign Wealth Funds Briefing - Categorized | Investment, Market, Research

SWFs should invest locally to start projects, says banker

Posted on 01 June 2009

From Thenational.ae: Sovereign wealth funds and family offices should take equity stakes in local companies to help kickstart planned projects worth US$750 billion across the Gulf, according to a senior Calyon banker.

“The use of excess liquidity by SWFs in the region … needs to be encouraged more, that will drive more inward investment,” said Albert Momdjian, who heads Calyon’s investment banking in the Middle East and Africa…….Full Article: Source


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