Posted on 26 August 2008 by admin | Email |Print
From Bloomberg.com: Singapore’s slowest economic growth in five years hasn’t stopped the city-state from expanding its stake in a shrinking Merrill Lynch & Co… Full article: Source
Posted on 26 August 2008 by admin | Email |Print
From FT.com: The Oil Stabilisation Fund was established in 2000 to collect windfall earnings. But the OSF’s assets are a mystery… Full article: Source
Posted on 26 August 2008 by admin | Email |Print
From Aftenposten.no: [The Norwegian Government Pension Fund–Global’s] chief Yngve Slyngstad said Tuesday that the fund’s total Fannie Mae and Freddie Mac exposure amounts to about NOK 88 billion (USD 16.36 billion).
It quotes Slyngstad as saying that, “Eighty-eight billion (crowns) is relatively little in relation to other central banks, but it is that big because we consider this the second most secure investment in the United States… Full article: Source
Posted on 26 August 2008 by admin | Email |Print
From Bloomberg.com: Temasek Holdings Pte, Singapore’s $130 billion sovereign wealth fund, said the global credit crisis will last two more years, drying up investment opportunities and constraining economic growth… Full article: Source
Posted on 26 August 2008 by admin | Email |Print
From Seekingalpha.com: [S]hould concerns about moral hazard apply to central bank reserve managers and sovereign wealth funds? Full article: Source
Posted on 26 August 2008 by admin | Email |Print
From Guardian.co.uk: Anshukant Taneja, who covers Temasek for ratings agency Standard & Poor’s, said [Temasek Holdings] had increased its exposure to unpredictable asset cycles and contagion… Full article: Source