22.06.2010 - Arab sovereign wealth funds boost assets to $1.64 trillion
From Khaleejtimes.com: Arab sovereign wealth funds boosted their size marginally in the first quarter of 2010 to $1.64 trillion aided by new cash injections and market recovery, data compiled in a recent study show. “Along with new injections by their parent sovereigns, Arab sovereign wealth funds (SWF) are estimated to hold a total of as much as $1.62 trillion in assets in 2009 — increasing marginally to $1.64 trillion as of March 2010 — compared to holdings of between $0.9 and $1.5 trillion in 2007,” said the study titled “How Have Arab SWFs Been Affected by the Financial Crisis?”.............................................Full Article: Source
Print