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Dubai sovereign wealth fund says no to investments

Sovereign wealth funds (SWFs) are investment funds for government money. Essentially, these are for countries that get huge amounts of capital surpluses, such as China.

Interestingly enough, SWFs are running into some problems as asset values have fallen across the globe. A report from the Monitor Company Group indicates that these funds suffered losses of roughly $67 billion in the past year.

At the same time, there has been a reduction in capital infusions, primarily because of the drop in oil prices.

Continue reading Dubai sovereign wealth fund says no to investments

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Last updated: May 27, 2012: 03:25 AM

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