Wed, Sep 17, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS
Sovereign Wealth Funds Briefing 17.Jun 2011

Posted on 17 June 2011 by VRS |  Email |Print

Li KepingChina Investment Corp. may name Li Keping, currently an executive at the country’s national pension manager, a new co-head of the sovereign wealth fund, said two CIC executives with direct knowledge of the matter.
Li, a vice chairman at the National Social Security Fund, has been working out of CIC’s offices in Beijing for the past few days, said the fund executives who declined to be identified as the matter is confidential……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 17 June 2011 by VRS |  Email |Print

China Investment Corporation, the country’s sovereign wealth fund, is in talks with VEB to invest in the Kremlin’s new private equity fund, the development bank’s chairman Vladimir Dmitriyev said.
CIC “is ready to consider concrete projects as part of co-investment with the direct investment fund,” Dmitriyev said in Astana, Kazakhstan, where leaders of the Shanghai Cooperation Organization are meeting. “So far there is no talk about what sums they are ready to invest,” Dmitriyev said……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 17 June 2011 by VRS |  Email |Print

As Russia restructures its economy and reduces its reliance on commodities, more investment opportunities are awaiting Chinese companies. China Investment Corp intends to invest in infrastructure, negotiable securities and real estate in Russia.
“Russia welcomes direct investment from China to promote bilateral cooperation on trade and finance,” said Vladimir Milovidov, head of the Federal Financial Markets Service……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 17 June 2011 by VRS |  Email |Print

With former foreign minister George Yeo deciding not to run for President, observers believe that Dr Tony Tan will be the Government’s preferred candidate for the election due by Aug 31.
Dr Tan is currently deputy chairman and executive director of the Government of Singapore Investment Corporation (GIC), which, together with Temasek Holdings, manages Singapore’s reserves……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 17 June 2011 by VRS |  Email |Print

Norway has more than $41 million worth of KLK shares in the portfolio of its sovereign wealth fund, which includes other logging and plantation companies linked to deforestation in Indonesia.
“Norway’s Government Pension Fund Global (GPFG) has investments in scores of plantation and logging companies in Indonesia, including four major groups operating 24 plantation subsidiaries without relevant permits in the Central Kalimantan Pilot Province,” said EIA in a statement……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 17 June 2011 by VRS |  Email |Print

A Middle East sovereign wealth fund has more than doubled its investment to about A$100 million (Dh385 million) in a large sandalwood plantation in Australia’s remote northwestern region.
The investment by the unidentified fund will allow for the planting of a further 322 hectares of Indian sandalwood in an area near Kununnura, according to the project’s manager TFS Corp (TFC). The deal builds on an initial investment last year that funded the planting of 376 hectares, the company said……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 17 June 2011 by VRS |  Email |Print

Mercuria, one of the world’s biggest independent energy trading companies, said on Thursday it was considering a range of ways of raising capital, including a possible tie-up with a sovereign wealth fund.
Chief Executive Marco Dunand said Mercuria was spending up to $400 million a year on upstream assets, including oil and coal reserves. It has funded investments so far mostly through its own cash flow and has also issued some debt……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 17 June 2011 by VRS |  Email |Print

Norway’s $570 billion oil fund may get more leeway to expand into new asset classes such as roads, gas pipelines and unlisted shares as the government switches its top adviser for setting the investor’s guidelines.
Former central bank Governor Svein Gjedrem, 61, this week started as secretary general at the Finance Ministry and chief adviser on investment rules for the oil fund, succeeding 64- year-old Tore Eriksen………………………………………Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

Posted on 17 June 2011 by VRS |  Email |Print

Following a change in leadership at Norway’s $570 billion oil fund, the sovereign wealth fund may increasingly target a broader spectrum of investments, such as private equity.
This week, former central bank Governor Svein Gjedrem started his role at the fund as secretary general at the Finance Ministry and chief adviser on investment rules for the oil fund, succeeding Tore Eriksen. “Gjedrem is a person of very powerful ability of persuasion,” Knut Anton Mork, chief economist at Svenska Handelsbanken AB in Oslo, said……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

See more articles in the archive

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930