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
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I keep repeating that Middle East and GCC was, is and will be the place for every business to be in. The sovereign wealth funds have started to flex their muscles in a never seen way before reiterating their dominance in the investment and finance sector. This article highlights how these wealth funds are smartly transitioning their economies away from the hydrocarbons and helping the region to diversify. For the next upcoming 2 decades Middle East and GCC are going to be the region to have one of the fastest economic growth.
Middle East Trillions Force New Concessions From Wall Street
bloomberg.com
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Saudi Arabia’s sovereign wealth fund is exploring portfolio companies’ bond sales and IPOs to fund crown prince MBS’ vision mega projects as cash reserves drop to $15 billion, lowest since 2020 Now enlisting top Wall Street banks in loading shares offering for Saudi Aramco These bond sales and IPOs may present sources of great investment cash flows “Saudi Arabia’s sovereign wealth fund is considering plans to accelerate debt sales or obtain bank loans as it hunts for new sources of cash to help pay for Crown Prince Mohammed bin Salman’s trillion-dollar economic transformation project.” #saudi #aramco #mbs #mbsmegaprojects #ipos #cashflow #bondsales #bondissues #crownprince
Saudi Wealth Fund Eyes Bond Sales, IPOs to Finance Spending Ambitions
bloomberg.com
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Grow your wealth with #BMAlTharwaFund 👉🏽 is the first of it's kind Income and Growth fund offering in Oman, combining two asset class - Eauity & Fixed Income 👉🏽Diversification and reduced volatility through a combination of both equity and FI. securities across the GCC and international markets. 👉🏽 Optimal asset allocation through regular rebalancing of both asset class. 👉🏽single offering with twin objectives of capital growth and regular income distribution. 👉🏽 Regular distribution of dividends (regular cash flow).
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Saudi Arabia’s Public Investment Fund (PIF) announced today the successful pricing of its inaugural sterling-denominated bonds offering with a total of GBP650 million ($831 million) under its existing Euro Medium-Term Note program. The offering comprises two tranches and was more than six times oversubscribed, reflecting strong demand from investors, a testament to PIF’s strong credit profile and financial stability. Read more: https://lnkd.in/dq5jb6p9 #SaudiArabia #PIF #Economy #Investment #Bonds #MarketNews
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Saudi Public Investment Fund (PIF) Initiates Sterling Bond Offering Strategy > Saudi PIF plans sterling-denominated bonds with Barclays, BNP Paribas, HSBC, and J.P. Morgan as coordinators > PIF targets annual capital deployment of USD 50-70 billion post-2025, with diverse bond offerings Read more: https://bit.ly/4bfTSvg #internationalfinanace #saudipif #sterlingbonds #capitaldeployment #sovereignwealth #investmentfund #financialmarkets
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Saudi Arabia's Public Investment Fund (PIF) has emerged as the world's most valuable sovereign wealth fund (SWF) brand in 2024, according to a report by Brand Finance. The report surveyed over 4,400 entities, including companies, individuals, and media from the investment and financial sectors, to compile a list of 50 major asset management and SWF brands from around the world. Read more on https://lnkd.in/dG63WS5Z #ABCnews
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Public Investment Fund (PIF) Strengthens Global Presence with GBP Bond Issuance. The Public Investment Fund (PIF)'s successful pricing of its first GBP-denominated bond offering showcases investor confidence in Saudi Arabia's economic strength and Saudi Vision 2030 goals. Source: Mohammed AlQahtani #SaudiArabia #PublicInvestmentFund #GlobalInvestments #SaudiEconomy #Vision2030 #Bonds #Financing #GBP #Investors #Creditworthiness #InvestInSaudi #InvestmentOpportunities #ArabNews #ArabTimes #ArabTimesNews
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The Saudi Arabian sovereign wealth fund plans to accelerate the placing on the market of bonds or obtaining bank loans as it seeks new sources of liquidity to help finance Crown Prince Mohammed bin Salman's $1 trillion economic transformation project. The Public Investment Fund could also align offers of shares in the companies in its portfolio as part of this initiative, according to people close to the file. These measures come at a time when the fund's liquidity reserves fell to $15 billion in September, the lowest level since 2020, the first year for which data are available. As it seeks to intensify its fundraising efforts, the $940 billion PIF is wary of draining too much cash from the local banking system, people familiar with the issue said. Instead, the fund is pushing its subsidiaries to rely on dollar loans whenever possible, they said. This would allow local banks, which are struggling with rising borrowing costs, to focus on financing real estate projects in the kingdom. The solution we can offer to the sovereign fund #PIF is to tokenize its sukuk and bonds. This would allow a sharp increase in liquidity and will meet part of the need. #saudiarabia #saudivision2030 #sukutokenisation #sukuk #Bonds #Tbills #USD #mohammedbinsalman #vision2030 #swf #pif
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🚨 **Saudi Arabia’s Public Investment Fund (PIF) Accelerates Debt Strategy Amid Growth Plans** 🚨 Public Investment Fund (PIF) is ramping up its fundraising with a three-year sukuk of at least $500M and a 2032 green bond. This follows $7B raised in dollar bonds and £650M ($850M) from a sterling issue this year. With $22B in financing needs for 2024, PIF is expected to lean even more on debt as it drives Saudi Arabia’s economic transformation. #SaudiArabia #PIF #Finance #Investment #DebtStrategy https://lnkd.in/dDZCREJ8
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