World

World Bank calls for SWF investment in developing countries

May 19: The World Bank wants to be an intermediary for Middle East sovereign wealth funds to invest in developing countries in the region and Africa and is already attracting interest. In an interview with the FT's Simeon Kerr, the president of the World Bank, Robert Zoellick explains his strategy for the Middle East and the impact that developing asset classes for investment in poorer countries can have.