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Sovereign Wealth Funds Briefing - Categorized | Market, Research

Rallying call

Posted on 27 July 2009

From Arabianbusiness.com: Gulf sovereign wealth funds (SWFs) have seen the value of their holdings cut by roughly $100bn to $1.1 trillion between the end of last year and last month, according to US consultancy firm RGE Monitor.

Furthermore, in the 13 months that followed Paulson’s visit not only has the global financial crisis deepened and widened to the shores of the Arabian Gulf, but the price of oil - the principal revenue for the hydrocarbon-reliant region - has more than halved………..Full Article: Source


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