How do governments deal with budgetary surpluses or the situations in which they have little or no international debt and it isn’t desirable to hold excess liquidity as money or to spend it immediately?
They invest it in global real estate, private equities, bonds and financial assets through Sovereign Wealth Funds (SWFs).
The Gulf Cooperation Council region is home to some of the wealthiest economies and individuals. An estimated $1.3 trillion of this wealth is managed by several state-owned sovereign wealth funds.
TRENDS brings to you the eight biggest of these funds in the region.