Asset Managers Feel Heat from SAMA Withdrawals
For the past decade, name-brand asset managers have benefited greatly from generating business from oil-rich Gulf funds. However, for one country this is changing fast. This oil-rich central banking reserve giant has pulled back from global equities. In fact, a number of wealth funds have disengaged from listed emerging equities and emerging currencies to preserve capital. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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