The UAE is prominent among sovereign wealth funds

Sovereign wealth funds are state-owned investment funds that taps into a country’s cash reserves—and the number of sovereign wealth funds globally has grown steadily over the past two decades, from 62 funds in 2000 to 176 in 2023. During that time, assets under management jumped… Read More

The UAE continues to diversify beyond oil

The United Arab Emirates is a small country in a potentially volatile region, with neighbours like Yemen and Iran nearby. Still, it has used its oil riches wisely to diversify the economy and become a major commercial hub in the Middle East.
Here’s an ETF that… Read More

The SWF Factor

Many investors look on the soaring price of oil as a major negative for the market and economy. Certainly it hurts some companies and industries. But it may turn out to be a plus of sorts for a number of stocks we recommend, and not… Read More