Managers of Wealth Offshore

The world’s richest sovereign funds

Abu Dhabi is the world’s richest sovereign wealth fund, holding approximately US$627bn in assets, statistics show.

QFIs in West Asia keen to invest in India: Gopalan

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.

Management Team for SWF Emerges Next Week

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).

Russian Direct Investment Fund boosts team

He has been general director of Synterra, a Russian telecommunications operator, the report said.

China's Sovereign Wealth Fund Cuts Europe Exposure

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.

Chinese and Russian wealth funds to work together

The two sovereign wealth funds will each invest $1 billion into the joint fund, the statement says.

Panama’s Lawmakers Approve Creation of Sovereign Wealth Fund

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.

Sovereign wealth funds' investment abroad soars

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,

Slovenia Plans Wealth Fund to Streamline State-Asset Management

Slovenia plans to create a sovereign- wealth fund by merging agencies that are managing state assets to boost revenue from their investments.

Ogier acts for Cantor Fitzgerald

ISF Ltd will add value for Cantor Fitzgerald's global bank relationships while providing an attractive investment for their fixed income clients.

Fight for Gulf wealth funds to intensify - Invesco

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.

The value of Africa

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.

African countries urged to tap into US$5t wealth assets

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.

Wealth fund to help Chinese companies invest

China Investment Corporation didn't disclose the exact amount of the fund, nor the industriesthe money may be injected into.

Emerging markets hold breath as EU banks shrink

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.

India may get own version of sovereign wealth fund

"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.

Qatari wealth fund adds 5% Tiffany stake

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.

Sovereign wealth assets jump 16%

Some 57% of sovereign wealth funds invest in private equity — 46% through funds and 11% through direct investments.

RBS to offer philanthropy services in India

Rising level of prosperity and family-run businesses here provide a lot of opportunities in this space, she said.

Singapore sovereign wealth fund targets UK property

Singapore's sovereign wealth fund is preparing to buy up swathes of distressed properties in the UK with the launch of a £200m fund.

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