Wed, Nov 26, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Research

The Gulf’s credit crunch survivors

Posted on 16 September 2010

From Guardian: With wealth comes power and, through their sovereign wealth funds, the various Gulf states have also become major players on global capital markets. Whereas much of the oil revenue generated during the boom times of the 1970s was exhausted on a combination of necessary infrastructure projects and somewhat dubious investment schemes, the wealth generated over the last decade has been better managed.
Kuwait directs 10% of its oil revenue to a “future generations fund” to provide for a post-petroleum economy. Ascertaining the exact size of these funds has always involved a large amount of guesswork but, in recent years, Abu Dhabi’s overseas investments have been valued at $300bn-$600bn……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15264 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930