22.02.2010 - Pension funds diversify portfolios
From Arabnews.com: In Saudi Arabia, the establishment of a new sovereign wealth fund (SWF), Hassana Investment Company, which will invest in real estate and commercial projects, and stock markets in the Middle East and overseas, may be a potentially significant development for the Islamic finance sector. Hassana's mandate is to be the fund manager of the assets of the General Organization for Social Insurance (GOSI), the social security and pension agency of the Kingdom.......................Full Article: Source