27 April 2020
Middle Eastern Funds Cut Back on Trophy Hunting in the West
Executives of the region’s sovereign wealth funds are now searching for distressed debt opportunities. “The Gulf sovereign wealth funds have always invested overseas as a way of diversifying the economy and creating a broader revenue base,” said James Dorsey, a senior fellow RSIS. “But given the severity of this economic downturn, the question is whether this is still the right way to use those sovereign wealth funds,” he added.
RSIS / Online
Last updated on 28/04/2020