06/25/2012
Abu Dhabi Investment Authority (ADIA), the cash-rich emirate’s sovereign wealth fund, expects emerging market stocks to outperform in the long-term and said it took a “selective” approach in deploying money at its fixed income unit in 20
06/20/2012
International law firm to create 75 new Dublin jobs
This is as a result of growing demand for both its international legal services and the fiduciary and fund administration services provided by its affiliate, MaplesFS, it said.
06/19/2012
With private equity firms testing the limits of limited partners’ ability and willingness to fill their new-fund coffers, sovereign wealth funds are emerging as a potential source of capital to help bridge the fund-raising gap
06/15/2012
Initial indications are that the expected $1.25bn, seven to 10-year tenor bond would receive strong demand in Bahrain and Saudi Arabia as banks seek to put rising liquidity to work, though broader interest may lag behind, market participants say.
06/15/2012
Abu Dhabi is the world’s richest sovereign wealth fund, holding approximately US$627bn in assets, statistics show.
06/13/2012
Gopalan told reporters that the several sovereign wealth funds, private equity and other funds and wealth management advisors evinced interest in investing in India but wanted stability of policy, particularly on taxation and procedural easing.
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).
06/11/2012
He has been general director of Synterra, a Russian telecommunications operator, the report said.
06/08/2012
Lou did not detail the extent to which the fund had reduced its European investments, but the paper reported him as saying that CIC had scaled back exposure across public asset markets.
06/06/2012
The two sovereign wealth funds will each invest $1 billion into the joint fund, the statement says.
06/01/2012
Lawmakers in Panama approved the government’s plan to create the country’s first sovereign wealth fund with revenue from an expanded Panama Canal to help buffer Latin America’s fastest-growing economy in a downturn.
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,
05/30/2012
Slovenia plans to create a sovereign- wealth fund by merging agencies that are managing state assets to boost revenue from their investments.
05/27/2012
ISF Ltd will add value for Cantor Fitzgerald's global bank relationships while providing an attractive investment for their fixed income clients.
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.
05/03/2012
China Investment Corporation didn't disclose the exact amount of the fund, nor the industriesthe money may be injected into.
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.