11.12.2009 - Funds see Dubai contagion as chance to buy Gulf debt and build positions
From Telegraph: Elite global funds are snapping up the bonds and debt derivatives of energy rich countries across the Gulf, taking advantage of the Dubai storm to accumulate rock-solid assets at bargain prices. Roy Maurer, managing-director of Qatar's QNB Capital, said panic flight from the region had led to an indiscriminate sell-off of quasi-sovereign bonds from oil and gas states with vast wealth and very low levels of debt....................................Full Article: Source
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