27.01.2011 - Sovereign wealth funds must invest more in SMEs - Clinton
From Arabianbusiness.com: Sovereign wealth funds in the oil-rich Gulf should pledge a portion of their capital to support local businesses, former US President Bill Clinton has said. Clinton said small and medium-sized businesses were key to diversifying the Gulf’s oil-dependent economies and creating jobs for its youth. "I believe a lot of countries' sovereign wealth funds are set up make major big investment. A portion of [their capital] should be set aside for small to medium sized enterprises for new businesses and expansion,” Clinton said..............................................Full Article: Source
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