| The plunge in oil prices is expected to reduce funding and increase withdrawal risk, but Middle East sovereigns, which control more than one-fourth of the $7.09 trillion global sovereign wealth funds, or SWFs, are now better-placed to manage these challenges than in the past.
Established Middle East sovereigns have concerns over withdrawal and funding risk but also feel they are better placed to cope with the challenges than before the global financial crisis, investment management firm Invesco said in a recent study. Nick Tolchard, head of Invesco Middle East, said emerging-market infrastructure is a key sub-asset class for established Middle East sovereigns and they are keen to expand sovereign and private sector relationships to ensure access to attractive deals...............................................Full Article: Source
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