Middle East Sovereign Wealth Funds Fret About Lower Oil Prices
Posted on 03/08/2020
With the combination of a massive economic downturn spurred by the Wuhan coronavirus (COVID-19) negatively impacting equity markets and oil prices down 30% so far in 2020, Gulf-based sovereign wealth funds are prepping for possible fund withdrawals to stabilize their governments. Listed equity mandates could be liquidated and alternative asset portfolios could be sold off […]
