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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Bahrain wealth fund to target more liquid investments: CEO

Posted on 31 October 2011

Bahrain Mumtalakat Holding Co, the country’s sovereign wealth fund, is seeking to channel more cash into liquid investments globally as part of its diversification strategy and will continue to have euro exposure in its portfolio, chief executive officer Talal al-Zain said.
He told Zawya Dow Jones in a recent interview that as part of the fund’s diversification strategy, it was seeking to inject more cash into global markets to expand its portfolio of liquid investments at a time when “opportunities” were arising from depressed valuations amid a gloomy economic outlook for Europe and the US……………………………………….Full Article: Source


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