Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment, Market

Libya’s wealth fund takes a bath on complex investments

Posted on 27 May 2011

Moammar Gadhafi appears to have learned what many other investors learned at the height of the financial crisis: Watch out for complex products.
Libya’s sovereign wealth fund lost billions last year on products such as currency derivatives and others. An internal report posted on the website of an activist group highlights the bath that the Libyan Investment Authority took by the middle of 2010……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031