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After glory days, cheap oil forces sovereign funds to retreat

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After glory days, cheap oil forces sovereign funds to retreat
15 December 2015, Oslo/London – The glory days of some oil-based sovereign wealth funds could be behind them now that cash-strapped governments are raiding the coffers to plug yawning budget gaps, with investment returns too weak to make up the shortfall. This is forcing some funds to sell assets to find ready cash, raising concerns […] More »
After glory days, cheap oil forces sovereign funds to retreat After glory days, cheap oil forces sovereign funds to retreat Reviewed by Crude Oil Facilitators on 15:50 Rating: 5

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