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Bahrain pension fund to invest in US and Europe
- Bahrain: Tuesday, April 28 - 2009 at 10:19
Shaikh Mohammad Eisa Al Khalifa, CEO of the state-owned pension fund, Bahrain Social Insurance Organisation, said the fund is expected to invest nearly half of its cash assets of $4.5bn (Dhs16.52bn), in shares and bonds across the US and Europe. 'Currently, the market pricing across the world looks very attractive and we intend to start investing in solid equities and bonds across the US and Europe,' Al Khalifa told Gulf News.
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StaffTuesday, April 28 - 2009 at 10:19 UAE local time (GMT+4)
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