Adopting a more local investment outlook [Banker Middle East]

GCC became the leader of global sovereign wealth funds (SWFs) as the value of their 13 managed funds reached $1.8 trillion. They follow the strategy of diversification across a wide range of industries and asset classes. Although the global financial crisis has slowed down the pace of GCC SWF investments, GCC countries are still on the course of investing outside the region and thus play an important role in the global investment landscape.

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