Managers of Wealth Offshore

Russia ready to help India in setting up sovereign wealth fund

The chief of the $10 billion-Russian Direct Investment Fund said it would be a good idea for India to have a sovereign wealth fund.

Russian sovereign wealth fund, SBI plan $2 bn investment fund

The consortium can make investments in India and Russia.

Norway wealth fund to up Africa exposure

Norway's $680 billion sovereign wealth fund is looking at Africa with interest as it seeks to take advantage of the region's rapid growth and diversify its portfolio, a senior official said on Wednesday.

Asian Sovereign Wealth Fund selects SimCorp Dimension

SimCorp Dimension will be used by the SWF for Trade, Order & Portfolio Management, Compliance, Risk & Performance, Asset Servicing, Accounting, IFRS, General Ledger, Reporting and Data Management.

China wealth fund: "Not optimistic" about debt crisis in eurozone

Jesse Wang, an executive vice president at CIC, was speaking at a forum in Sanya in the southern tropical Hainan island.

China wealth fund urges Europe to create friendly investing environment

CIC is "still not optimistic" about the debt crisis in the eurozone.

A UK sovereign wealth fund?

The UK's pension fund industry is fragmented: there aren't that many huge pension funds with the resources

Kazakhstan Wealth Fund Sued in U.S.

The investors claim in a lawsuit in Manhattan federal court that BTA Bank, which isn’t named as a defendant, defrauded them by inducing them to buy debt securities as part of a 2010 restructuring.

Norway Fund Pays Credit Suisse $1 Billion for Office

The transaction marks the fund’s first property investment in Switzerland

Sovereign wealth funds stick with brand name hedge funds

When it comes to alternatives, SWFs are investing as a limited partner (LP) in a limited partner/general partner structure (GP) which requires more discipline and due diligence than investing in public markets.

Investing through Cayman Islands structures: options for sovereign wealth funds

With SWFs becoming increasingly important participants in cross-border investment transactions, we expect to see these vehicles become even more popular in the near future

Wealth Fund Backs Glencore’s Bid for Xstrata

The announcement comes less than a week before Xstrata’s shareholders will vote on the multibillion-dollar deal that would create a global mining and commodity trading giant with a market valuation of around $90 billion.

China's Sovereign Wealth Fund Eyes Neighboring Markets

China's sovereign wealth fund will invest more in neighboring markets to buffer the impact of sluggish world economy, Europe's debt crisis and the U.S. fiscal cliff.

Abu Dhabi Loses Its World’s Biggest SWF Crown

The Abu Dhabi Investment Authority (ADIA) is no longer the richest sovereign wealth fund in the world, according to the latest rankings issued by the Sovereign Wealth Fund Institute (SWFI).

Sovereign wealth funds leverage hedge fund IT, administration for investments

Historically, these funds have stayed out of the spotlight, but in recent years, their objectives, investments, and in some cases, their talent have stepped into view.

UAE's SWFs assets under management rise to $811.7 billion

Norway Won’t Buy Foreign Currency for Wealth Fund Next Month

The move also follows a decision by the Finance Ministry to allow allocation of cash to the wealth fund in December, the Oslo-based bank said.

Chinese sovereign wealth fund set to become a landlord in the UK’s most important office market

A Chinese sovereign wealth fund is set to become a landlord in the UK’s most important office market: the City of London.

Qatar sovereign fund poaches from White & Case

Qatar Investment Authority has boosted its legal team by hiring a partner from the US law firm’s Japan office to help allocate its fast-growing pool of capital.

The Republic of Angola Launches US$5 Billon Sovereign Wealth Fund

The Fund will be accountable to its sole shareholder, the Government of Angola

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