25.05.2011 - GCC investors go West in search of opportunities
Gulf-based sovereign wealth funds have not abandoned regional and local investments despite the widespread political unrest, according to Nick Tolchard, head of Invesco Middle East. “The political crises might mean short-term concerns but investors in the region, like sovereign wealth funds, are taking a more sensible long-term returns approach. There still appears to be a great deal of confidence. At least, there is no more cautiousness then there was last year,” he said..............................................Full Article: Source
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