14.10.2009 - Hefty oil funds see Gulf through crisis
From Kuwaittimes.net: IMF's Middle East and Central Asia Director Masood Ahmed said that the Gulf region's sovereign wealth funds will continue to invest at home and abroad and will seek to diversify their holdings. "SWFs have played the role of the long-term investor," he said. "So as the reserves of these countries increase, this will be reflected (in the SWFs) as some of those reserves will be managed by sovereign wealth funds. It's a natural process.......................Full Article: Source
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