Mid-East wealth funds spur family offices to invest in Asia
An array of investors from the Middle East are looking at expanding investments in Asia, inspired by the activities of Middle-East sovereign wealth funds and state-owned investors.
A surge in investing interest from state-owned institutions and sovereign wealth funds in the Middle East in Asia has sparked the interest of other investors from that region, including family offices, industry experts told AsianInvestor.
“There was absolutely a home bias in the past but now less so. That’s mainly because sovereign wealth funds, particularly led by [Saudi Arabia’s] Public Investment Fund, are investing overseas and showing other regional investors that are great …
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