Thu, Apr 17, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS
Sovereign Wealth Funds Briefing 29.Mar 2012

Posted on 29 March 2012 by VRS |  Email |Print

The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has appointed Eduardo Favrin as head of Latin America in its latest move to strengthen its emerging markets platform.
Favrin, based in Abu Dhabi, will lead a team of senior portfolio managers and be responsible for developing strategy, managing risk and overseeing management of Latin America-focused investment portfolios in ADIA’s internal equities department, the fund said in a statement………………………………………..Full Article: Source

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

Posted on 29 March 2012 by VRS |  Email |Print

Mohammed HedfaQatari Diar, the property arm of Qatar’s sovereign wealth fund, is eyeing investments in emerging markets this year, the company’s chief executive said on Wednesday.
The property firm, whose worldwide portfolio includes 49 projects valued at over $39 billion, has been on a buying spree in Europe as part of the Gulf Arab state’s strategy of employing its natural gas riches to diversify its income flows………………………………………..Full Article: Source

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

Posted on 29 March 2012 by VRS |  Email |Print

A Middle East-based investment fund is poised to swoop on a prime piece of central London property in a £230m deal. PCP Capital Partners, a vehicle set up by Amanda Staveley, the financier who is orchestrating a potential capital injection into Royal Bank of Scotland (RBS) by Abu Dhabi sovereign wealth funds, is to acquire Great Arundel Court, a 3.3 acre site just south of The Strand, I understand.
The property is being bought from Land Securities, one of Britain’s biggest property companies. A deal could be announced as soon as this week………………………………………..Full Article: Source

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

Posted on 29 March 2012 by VRS |  Email |Print

As Kenyans continue to savour news of the country potentially joining the ranks of oil producers, the government is being urged to establish a fund into which surplus income from the petroleum industry will be deposited.
Oil industry expert Patrick Obath said on Tuesday that Kenya should borrow a leaf from Norway which has about $600 billion in its sovereign wealth-fund which has been used to turn around the fortunes of that country………………………………………..Full Article: Source

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

Posted on 29 March 2012 by VRS |  Email |Print

The House of Representatives, yesterday, mandated its Joint Committees on Finance and Appropriations to investigate alleged indiscriminate withdrawals from the stabilisation account by the Federal Government.
The stabilisation account is meant to be used to fund deficits in the budget when oil price is below the approved budget bench mark price.When on May 27, 2011 the president signed the 2011 Appropriation Amendment Bill and Nigerian Sovereign Investment Authority, NSIA, Bill into law, he stated that revenues accruing to the authority would be invested by it through three special funds……………………………………….Full Article: Source

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

Posted on 29 March 2012 by VRS |  Email |Print

The doors were opened for cash-rich Chinese investors to pump billions into our economy. In a huge vote of confidence, one of the world’s richest investment funds signed a special agreement with the NTMA — the agency which manages the national savings and sale of state assets.
The fund, known as China Investment Corporation (CIC), is looking at investing massive sums in companies and assets, sparking hopes of a real revival and more jobs………………………………………..Full Article: Source

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

Posted on 29 March 2012 by VRS |  Email |Print

Eike Batista’s net worth soared $7.7 billion after he sold a 5.63 stake in his EBX Group Co. holding company to Abu Dhabi’s Mubadala Development Co.
The Brazilian billionaire’s fortune rose 29 percent to $34.5 billion since the beginning of trading on March 26, when he announced the deal. That ranks him above American brothers Charles and David Koch and makes him the eighth richest man on Earth, according to the Bloomberg Billionaires Index, a daily measure of the world’s richest people………………………………………..Full Article: Source

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

Posted on 29 March 2012 by VRS |  Email |Print

Wildrose Leader Danielle Smith has pledged to grow the Heritage Saving Trust Fund to $200 billion within 20 years and reinstate the provincial law banning deficit budgets if her party forms government.
Smith told a partisan crowd at an art gallery in her Highwood riding that her government would put 50 per cent of surplus revenues into the trust fund annually to grow it for the day oil and gas royalties revenues decline………………………………………..Full Article: Source

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

See more articles in the archive

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930