| Governments and sovereign wealth funds (SWFs) in the Middle East are investing less internationally than they have done at any point in the last three years. The third annual Invesco Middle East Asset Management Study analysed the revenues and investment behaviours of major SWFs in the GCC, which account for 35% of global SWF flows, representing $1.6 trillion.
The study found that the international flow of money directly from GCC sovereign governments and from SWFs has changed considerably in light of the political unrest in the region, with large commodity-linked surpluses in these regions increasingly being put to use locally...............................................Full Article: Source |