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GCC Equity Funds - AUM Shrink By 46% from April 2008
by Markaz Research [More Info]
The GCC markets experienced a rollercoaster ride in 2008. The first half of the year was characterized by a boom in property markets and record high prices of oil as well as other commodities that fuelled concerns of high inflation. However, the second half was a contrast, with commodity prices cooling down and crude prices plummeting 70% from their highs of USD147 per barrel in July. Property prices also crashed as the global credit crisis engulfed the financial markets.
Access : For Public
Pages : 33
Category : Markets
Cost :
Free
Date Published : 2009-02-01
