Gulf Sovereign Funds Had Redeemed Some Big Passive Equity Mandates

Posted on 07/28/2016

Gulf-based sovereign wealth funds and other monetary institutions, which are significantly impacted by the price of oil, continued redemptions in passive equity mandates. From March 2016 to June 2016, State Street Global Advisors witnessed US$ 35 billion of outflows by official institutions. The outflows reflected the current economic reality in the Gulf and need for […]

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