| 28.10.2015 - Crude slump hits Saudi-fund-linked stocks |
| Saudi Arabian oil money appears to be ebbing out of global assets, including Japanese equities, amid a bear market for the kingdom's top export. J.P. Morgan estimates $100 billion in net selling of Saudi sovereign wealth investments so far in 2015, compared with $270 billion in net buying last year. Talk of trouble among presumed Saudi wealth fund holdings became more frequent among market watchers in late August...............................................Full Article: Source |