Sat, Oct 25, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS
Sovereign Wealth Funds Briefing 24.Jul 2013

Posted on 24 July 2013 by VRS |  Email |Print

Singapore’s sovereign wealth fund has changed its legal name from “Government of Singapore Investment Corporation Private Limited” to “GIC Private Limited”. In a statement, GIC said the name change formalises the widely-used brand name of “GIC” in the global investment community and markets that GIC operates in.
The change will have no effect on the operations, rights or obligations of the company. According to its website, GIC has invested “well over” US$100 billion in a wide range of assets. Analysts estimate GIC’s investment portfolio to be worth around US$300 billion………………………………………..Full Article: Source

Posted on 24 July 2013 by VRS |  Email |Print

The assets up for grabs from sovereign wealth funds are vast. According to a May report from PricewaterhouseCoopers LLC, New York, called “U.S. Asset Management: Strategic Imperatives for Asset Managers,” wealth fund assets have jumped 59% since 2007 to $5.184 trillion as of Dec. 31, citing data from the Sovereign Wealth Fund Institute.
Continued asset gains will present what the report called “massive growth prospects” for money managers. The PwC report said the increase in sovereign wealth funds was one of five macro trends in money management along with demographic change, social and behavioral changes, changes in technology and increasing interconnectivity of emerging markets………………………………………..Full Article: Source

Posted on 24 July 2013 by VRS |  Email |Print

The government is set to allow a direct line of investment for sovereign wealth funds (SWFs) in the tax-free infrastructure bonds as part of measures to shore up forex reserves and stem rupee slide.
The government may also ask state-owned infra finance firm such as IIFCL, PFC, IRFC and IREDA to raise funds overseas in larger quantum. “Some sovereign wealth funds have shown interest in picking up a substantial chunk in infrastructure bonds of state-owned entities….we are looking at how this can be worked out,” a senior finance ministry official told ET………………………………………..Full Article: Source

Posted on 24 July 2013 by VRS |  Email |Print

Alaska has agreed to invest $750m in funds managed by the Carlyle Group, the US private-equity firm in which Abu Dhabi’s Mubadala Development Company owns a 7.5 percent stake, with the focus mainly on investments in the natural resource, metals, energy and agricultural sectors.
The Alaska Permanent Fund Corporation, an independently managed, state-owned company with an estimated capital of around $46.8bn, will invest in a number of funds through the Carlyle Group………………………………………..Full Article: Source

Posted on 24 July 2013 by VRS |  Email |Print

Qatar Investment Authority, a sovereign wealth fund is investing $300 million in RMZ Corp, a Bangalore based commercial space developer. The capital will be invested into RMZ’s SPV in which Baring Private Equity Partners, also had invested R500 Cr in 2012. The investment will be equally split into a combination of equity and debt.
QIA Fund will back RMZ to buy IT parks worth R3,000 Cr and jointly, both partners will look at acquiring commercial spaces across Bangalore, Hyderabad, Chennai and Pune………………………………………..Full Article: Source

See more articles in the archive

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031