Tuesday 22 March 2016

Lower oil tests sovereign wealth funds - FT.com

Lower oil tests sovereign wealth funds - FT.com:

"Bader Al Sa’ad, the head of the Kuwait Investment Authority, isn’t spending much time these days assessing new investments. Instead he is advising his government as it moves to establish a debt management office.
Circumstances have changed in the Gulf, bringing in their wake a host of ripple effects. A while ago, the biggest headache for the sovereign wealth funds of the Middle East was finding safe but profitable homes for their portion of swelling oil revenues."



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