27.02.2014 - Khazanah joins sovereign funds’ expansion spree: Southeast Asia
When Malaysia’s sovereign wealth fund announced its 2013 return last month, it highlighted its international presence for the first time in its annual report and plans to continue expanding abroad. Khazanah Nasional Bhd., which has locations in Beijing and Mumbai, said it opened offices in San Francisco and Istanbul with a map that included the various countries where its companies have operations. “The new offices indicate a further internationalization of their investments,” said Victoria Barbary, director at the London-based Institutional Investor’s Sovereign Wealth Center. “I expect Khazanah to seek more technology investment through its office in California. And that might help bolster some knowledge transfer to their domestic firms.”..............................................Full Article: Source
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