06/11/2012
KPMG, one of world’s leading management consultancy firms, was appointed by the government to hunt for the key officers that will manage the fund, which will be under the Nigeria Sovereign Investment Authority (NSIA).
05/31/2012
Sovereign wealth funds and other government entities in the UAE greatly increased their overseas investments during 2011 as higher oil prices led to a large rise in the country's balance of payments surplus,
05/22/2012
These funds are being allocated less money by their oil-rich governments post the Arab Spring, with surplus government cash available for international investment in Gulf Arab region set to fall by 9 percent in 2012.
05/11/2012
The outcome is that there is a gaping chasm of a perception when comparing those doing business in Africa, and those not. The former being ostensibly positive and the latter mired in stereotypical and negative opinions.
05/04/2012
African countries have been urged to tap into the US$5 trillion sovereign wealth assets belonging to oil-exporting developing countries and China, according to participants at the just-ended UNCTAD XIII meeting in the Arab Gulf State of Doha.
05/01/2012
In a striking indication of that concern, the International Monetary Fund said developments in the euro area pose a greater risk to the Asia-Pacific region than either a hard landing in China or a rise in commodity prices.
04/24/2012
"The thinking within the ministry is that disinvestment proceeds could be used in a more productive way... Creation of a sovereign fund is being actively considered," said a senior finance ministry official.
04/20/2012
Qatar’s sovereign wealth fund has made its first big investment in a US public company by acquiring a 5.2 per cent stake in Tiffany, the jewellery retailer known for its diamond rings and blue, ribboned boxes.