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Sovereign Wealth Funds Briefing - Categorized | Investment

Hermes joins China’s sovereign wealth fund in National Grid bid

Posted on 28 October 2016

Hermes Investment Management has joined a bid led by the Chinese government for a stake in the National Grid’s gas pipe network. City A.M. understands that people working on the deal have become increasingly wary of government scrutiny.
Theresa May’s administration announced recently that it would be making reforms to its approach to “the ownership and control of critical infrastructure to ensure that the full implications of foreign ownership are scrutinised for the purposes of national security.”…………………………………..Full Article: Source


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