Mazen El Kerdany’s Post

View profile for Mazen El Kerdany, graphic

Chief Strategy & Business Development Officer

Been there before the GFC, when accessing Saudi money and petrodollars was a key strategy for investment bankers/money managers in the region. But today, things have changed. Regional SWFs now require a permanent local presence. How will the industry respond? Post-2008, fee slashing became the price fund managers had to pay to secure these investments. In the West, there's a narrative that OPEC’s cheap oil powered the 20th Century Industrial Revolution, marking the largest wealth transfer in history. What’s often overlooked is how it also created a significant knowledge gap. The question now is: how much of the world’s technology and expertise will be transferred to the region, and where will it be most impactful? #SWFs #MiddleEast #Investment #WealthTransfer #OPEC #KnowledgeGap #TechnologyTransfer #EconomicShift

Middle East Trillions Force New Concessions From Wall Street

Middle East Trillions Force New Concessions From Wall Street

bloomberg.com

To view or add a comment, sign in

Explore topics