25.08.2011 - Libya's wealth of opportunity |
The country’s sovereign wealth fund, the Libyan Investment Authority and its central bank are thought to have more than $160billion of assets overseas, including bank deposits, government bonds, hedge fund holdings and other investments. Here in the UK there are £12billion of frozen assets, including a stake in media company Pearson, deposits with banks including Royal Bank of Scotland and some £700million of property investments..............................................Full Article: Source |