Thu, Jul 20, 2017
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Research

Are sovereign wealth funds still focused on long term?

Posted on 21 December 2009

From Gulfnews.com: Timing, perseverance and conviction are the three wise men of investing. Arab sovereign wealth funds (SWFs) seem quite astute in all three departments — making handsome rewards on a string of short-term investments. But as they enjoy their spoils observers are asking where their long-term investment strategies have gone.

On December 6, the Kuwait Investment Authority (KIA), Kuwait’s SWF, announced it made a $1.1 billion (Dh4.04 billion) profit on the investment it made in Citigroup in January 2008. It initially invested $3 billion, meaning its investment grew 37 per cent — a healthy return by anyone’s standards…………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
July 2017
M T W T F S S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31