Business Extra: sovereign wealth funds hunt for opportunity amid Covid-19 crisis
Invesco’s latest report says the market collapse earlier this year was an unprecedented time to buy
Despite market volatility caused by the fallout from the coronavirus pandemic, it seems that many sovereign wealth funds learnt the lesson of the last financial crisis and were nimble enough and cash-heavy enough to seize opportunities.
Co-hosts Mustafa Alrawi and Kelsey Warner are joined this week by Zainab Kufaishi, head of the Middle East and Africa at Invesco, to discuss the findings from the company's annual study of sovereign asset management.
She says sovereign wealth funds in the Middle East intend to use their cash reserves to take advantage of buying opportunities, as asset valuations fall due to market turmoil.
- Middle East sovereign funds go bargain hunting as pandemic hits asset values
- Siemens Energy to invest more in renewables, CEO says
- Mubadala's aerospace unit seeks opportunities in health technology
- Global giants Microsoft, Nike and Unilever announce carbon-neutral group
Updated: July 22, 2020 05:22 PM