15.07.2009 - UAE to retain ‘power broker’ status with growth in foreign assets
From Business24-7.ae: The central banks and sovereign wealth funds that had invested more heavily in global equities, such as Norway’s Government Pension Fund-Global, saw their investment losses exceed new capital in 2008. The vehicles that had invested more conservatively in government bonds and other fixed-income securities, including those of Saudi Arabia and Russia, performed better.......Full Article: Source
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