Sat, Jan 29, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Research, Trends

GCC sovereign wealth funds adjusting long-term strategies

Posted on 20 June 2016

As an inevitable consequence of a prolonged period of low oil prices, Gulf-based sovereign wealth funds are readjusting their long-term strategies, selling their financial assets abroad and pulling the money out at a rapid rate to fill the gaping budgetary holes. Also, there has been increased pressure on the them to invest in the local market in order to support projects troubled by budgetary cuts.
During the “golden era” (until 2014), when black gold was routinely traded above $100 per barrel, Gulf countries recorded capital inflow reaching epic proportions. They entrusted their enormous surpluses to their Sovereign Wealth Funds (SWF) which heavily invested in a variety of assets around the globe. But the financial circumstances of the Arab Gulf countries have changed dramatically………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
January 2022
M T W T F S S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31