SWF Radar

The Khaleej Times reports that, “GCC Sovereign Wealth Funds (SWF), which control assets valued more than $1.5 trillion worldwide, have little to fear from the voluntary code of conduct agreement reached last week in Santiago, analysts said. The real target of the move to put in place a set of voluntary practices and principles for SWFs are Chinese and Russian funds and not GCC funds, an analyst at Middle East Eonomic Digest (MEED) said.”