21.10.2010 - Gulf markets need sovereign wealth fund boost
From Reuters: In the boom years before the global financial crisis, Gulf Arab sovereign wealth funds invested most of their petrodollars abroad. When markets fell, they propped up major Western firms and snapped up bargains. But what about regional markets, which still lack the liquidity and depth to lure international institutions? Highlighting the extent to which regional markets have been overlooked, a recent study by Bahrain-based Securities & Investment Company showed that 95 percent of the Gulf's $2.7 trillion in investable assets are allocated abroad..............................................Full Article: Source
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