Oil-rich wealth funds seen shedding up to US$225bil in stocks

LONDON: Sovereign wealth funds from oil-producing countries mainly in the Middle East and Africa are on course to dump up to US$225bil in equities, a senior banker estimates, as plummeting oil prices and the coronavirus pandemic hit state finances.

from Google Alert - Business https://ift.tt/2JlTyAw
LONDON: Sovereign wealth funds from oil-producing countries mainly in the Middle East and Africa are on course to dump up to US$225bil in equities, a senior banker estimates, as plummeting oil prices and the coronavirus pandemic hit state finances. https://ift.tt/eA8V8J

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