Wed, Aug 27, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS
Sovereign Wealth Funds Briefing 25.Oct 2010

Posted on 25 October 2010 by VRS |  Email |Print

From Bernama: Malaysia will take the lead in facilitating the establishment of the Supra-Sovereign Wealth Fund (SSWF) in its bid to attract large amounts of sovereign wealth funds from prosperous Islamic countries.
Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said Malaysia will act as a co-sponsor and initiate meetings with three identified Organisation of Islamic Conference (OIC)countries, to also become co-sponsors of the SSWF in a move to hasten its the establishment……………………………………….Full Article: Source

Posted on 25 October 2010 by VRS |  Email |Print

From Thenational.ae: Bahrain’s state-owned aluminium producer has launched an initial public offering (IPO) that is expected to raise as much as US$541 million (Dh1.98 billion) for the country’s sovereign wealth fund, the company’s majority owner.
Mumtalakat, the state-owned investment fund, is selling an 11.5 per cent stake in Aluminium Bahrain (ALBA), which operates the second-largest smelter in the Gulf……………………………………….Full Article: Source

Posted on 25 October 2010 by VRS |  Email |Print

From Thecanadianpress.com: Bahrain’s sovereign wealth fund is looking to raise more than US$500 million by selling off a stake in the Gulf country’s aluminum smelter, one of the kingdom’s industrial engines.
The initial public offering announced Sunday by Bahrain Mumtalakat Holding Co. is the fund’s first major sale since it was set up four years ago to manage the island country’s state-owned businesses……………………………………….Full Article: Source

Posted on 25 October 2010 by VRS |  Email |Print

From Thepeninsulaqatar.com: The Qatar Investment Authority (QIA) reconfirmed its commitment to invest up to $5bn in Greece. This was announced in an official statement issued after the meeting of Qatar-Greece Joint Committee held in Athens.
This was the first meeting after the Memorandum of Understanding (MoU) signed between the governments of Greece and Qatar for formation of a joint committee to examine possible joint investment activities……………………………………….Full Article: Source

Posted on 25 October 2010 by VRS |  Email |Print

From Sundaystandard.info: Bank of Botswana is snobbish and secretive in sharing information relating to the foreign sovereign reserves either with its citizens or the international community, the Sovereign Wealth Fund Institute has observed.
The country, which has amassed foreign sovereign reserves to the tune of US $ 6.9 billion, was judged to be not transparent enough under the Linaburg-Maduell Transparency Index, which tracks countries with foreign reserves……………………………………….Full Article: Source

Posted on 25 October 2010 by VRS |  Email |Print

From 234next.com: It is significant that Fitch recognises the many positive measures being taken by the current administration to address these concerns, which it describes as the ‘renewed reform momentum in 2010’”, he said, identifying the measures to include the proposed establishment of a Sovereign Wealth Fund (SWF) as well as steps to address the infrastructure deficit in the power sector.
According to Mr Aganga, some of the measures identified as crucial for Nigeria’s outlook to return to stable are already being implemented. He said that the Bill for the establishment of the Fund, for instance, is currently being drafted for accelerated passage by the National Assembly……………………………………….Full Article: Source

Posted on 25 October 2010 by VRS |  Email |Print

From Financeasia.com: The pan-Asian life-insurer prices at the top and exercises its 20% upsize option in full after attracting $130 billion of demand. The institutional demand included several sovereign wealth funds (in addition to the Kuwait Investment Authority, which participated as a cornerstone investor and bought $1 billion worth of stock), insurance funds as well as large global funds in general.
Hedge funds were drawn to the deal partly because of the valuation, but also because of the liquid nature of the stock, which should make it easy to trade in and out of……………………………………….Full Article: Source

Posted on 25 October 2010 by VRS |  Email |Print

From Temasekreview.com: What’s in a name? Well, if you’re a sovereign wealth fund worth billions, a lot. And if your financial report has been called Temasek Review since 2004, the last thing you’d want to be associated with is a socio-political website that is stridently anti-government.
That’s the view of branding experts The New Paper on Sunday spoke to. While Temasek Review (TR, for the anti-government website) is being bashed online, an intriguing battle is emerging offline……………………………………….Full Article: Source

Posted on 25 October 2010 by VRS |  Email |Print

From Seekingalpha.com: Until recently, sovereign wealth funds (SWF) were cast as villains, pools of capital controlled by foreign governments pursuing agendas other than maximizing investment returns. That perception has softened after SWFs helped recapitalize several major Western banks during the financial crisis.
The emergence of SWFs controlled by a number of emerging nations marks a clear shift in the global economic order………………………………………Full Article: Source

See more articles in the archive

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031