China’s efforts to liberalise its currency and open its capital markets are also creating job opportunities for people in the asset management industry. This is particularly true of sales and investment management, recruiters say.
On the institutional side, investors such as the China Investment Corporation, the world’s fourth largest sovereign wealth fund, as well as the National Council for Social Security Fund, are diversifying offshore and increasingly outsourcing their portfolios to external managers………………………………………..Full Article: Source

Survey finds sovereign wealth funds are placing more funds in property even though IMF has warned housing is overvalued. Global investors are betting on a substantial property boom despite warnings that housing in many countries is already overvalued.
According to a large study, sovereign wealth funds are seeking to boost returns by placing a larger proportion of their funds than last year in property, infrastructure projects and emerging markets. More than half of respondents said they increased their property portfolios to benefit from a long-term rise in land and real estate values in developed- and developing-world markets. The survey, by fund manager Invesco, found that while safer assets in the west remained the first choice of investors, the demand for bigger returns had accelerated investments in riskier assets………………………………………..Full Article: Source

Sovereign wealth funds are increasingly investing new allocations to alternative asset classes, figures from the second annual Invesco Global Sovereign Asset Management Study show. The study was conducted amongst more than 50 individual sovereign investors across the globe, representing US$5.7 trillion of assets.
Alternative investments remain the clear asset class winners in terms of new asset allocation within sovereign investor portfolios, mirroring the trend reported in the 2013 study………………………………………..Full Article: Source

Sovereign wealth funds from Kuwait and Qatar are in talks with a London developer over the acquisition of the original Scotland Yard headquarters, which is being transformed into a £10,000-a-night luxury hotel.
The Galliard Group confirmed to The Telegraph that its chief executive, Stephen Conway, has met individuals from the Middle East over the last few months, who have shown interest in buying the historic building once construction has been completed in 2016, thought to be worth £200m………………………………………..Full Article: Source

The Nigeria Sovereign Investment Authority has announced a profit of N1.2bn from its investment of the Sovereign Wealth Fund for the first quarter of this year, up from the N525m made in the 15-month period ended December 31, 2013.
In what may be considered a justification of the decision of the Federal Government to set up the SWF to save some portion of the money realised from the sale of crude oil, the NSIA also expressed optimism that it would match if not surpass the first quarter profit margin when the result of the second quarter audit was ready………………………………………..Full Article: Source