US rate hikes make Gulf sovereign wealth funds go-to source for capital
Gulf sovereign wealth funds are flush with cash from an oil windfall, controlling more than $3 trillion worth of assets. Here's how they'll invest it.
Thanks to higher oil prices, the sovereign wealth funds of several Gulf countries are flush with cash. In 2023, this fresh wealth is likely to keep flowing into global markets, but fund managers are also hungry for new investment strategies.
In a new PRO memo, Sebastian Castelier outlines the scenarios for where they'll invest it while contending with higher interest rates in the US and globally.
