Institutional Investor (December 1)
2023/ 12/ 03 by jd in Global News
“Competition to manage middle eastern sovereign wealth has become fierce.” Five of the top ten sovereign wealth funds (by assets under management} “are based in the Middle East” with “roughly $2.92 trillion in assets.” Given “bleak fundraising prospects in the U.S. and Europe, managers are tripping over themselves to reach sovereign wealth funds” in the Middle East.
Tags: $2.92 trillion, AUM, Competition, Europe, Fundraising, Managers, Middle East, Prospects, Sovereign wealth funds, Top ten, U.S.
