Low Oil Prices Slow Accumulation for Wealth Funds
Posted on 09/14/2015
Sovereign wealth funds are facing heightened risks in a world of prolonged low oil prices. Will sovereign wealth funds reach US$ 15 trillion in assets by 2020 (current sovereign wealth fund rankings)? At this point, probably no. Energy analysts at Goldman Sachs, known for attention-getting oil-price forecasts, predict that the U.S. benchmark oil price could […]