News feed

April 2016

  • GPFG drops 52 companies linked to coal (Bloomberg, 14 April 2016)
  • Norway’s SWF faces demonstration over tax havens (Bloomberg, 11 April 2016)
  • Temasek sees valuation concerns in Chinese technology industry (Bloomberg, 4 April 2016)

January 2016

  • Shares sell-off by sovereign wealth funds hurting markets(BBC, 20 January 2016)
  • LIA may hold key to countries civil war (Institutional Investor, 6 January 2016)
  • Qatar set to sign $5.5bn loan (Arabian Business, 6 January 2016)

December 2015

  • Troubled Malaysian fund 1MDB in $1.7bn property sale (Financial Times, 31 December 2015)
  • Brazil dips into SWF as finances deteriorate (Bloomberg, 24 December 2015)
  • ‘Politicized’ SWFs earn lower returns (The Wall Street Journal, 22 December 2015)
  • The trouble with SWFs (The Wall Street Journal, 22 December 2015)
  • CIC looking for investments in German companies, not for control (Reuters, 20 December 2015)
  • Hong Kong government establishes Future Fund to secure higher returns from fiscal reserves (HK gov. press release, 18 December 2015)
  • Malaysia’s 1MDB Sent $850 Million to Entity Set Up to Appear Owned by Abu Dhabi Wealth Fund (The Wall Street Journal, 17 December 2015)
  • After glory days, cheap oil forces sovereign funds to retreat (Reuters, 14 December 2015)
  • CIC will transfer North American headquarters to New York (Reuters, 14 December 2015)
  • Norges Bank bemoans lack of scale for developing nations’ infrastructure (IPE, 11 December 2015)
  • Norway oil fund to target green energy, infrastructure if allowed(Reuters, 8 December 2015)
  • Kenmare Resources announces potential $100m investment by SGRF (RTE, 7 Decemenber 2015)
  • Asset managers see sovereign wealth funds withdraw $19bn (Reuters, 6 December 2015)
  • RDIF interested in deals in Cuba as economy expands (Bloomberg, 6 December 2015)
  • Sovereign wealth funds desert asset managers (Financial Times, 6 December 2015)
  • China’s ‘One Belt, One Road’ Initiative: Outlook For OBOR and the US Rebalance (The Diplomat, 3 December 2015)

November 2015

  • ‘One Belt, One Road’ set to turbocharge renminbi usage (Financial Times, 30 November 2015)
  • SWF will be managed by a government corporation (Macau Business Daily, 29 November 2015)
  • Malaysia’s 1MDB sells power assets to China firm for $2.3 billion (Reuters, 23 November 2015, Financial Times, 24 November 2015, BBC, 25 November 2015)
  • SWFs have buffers against oil shock (ValueWalk, 13 November 2015)
  • IMF warns of oil price threat to sovereign wealth funds (Investec, 11 November 2015)

October 2015

  • Has the world’s largest sovereign wealth fund peaked? (CNBC, 27 October 2015)
  • What do Chinese SCEs own in UK? (BBC, 20 October 2015)
  • Ralls Corp. and the White House settle on the CFIUS review process (The Wall Street Journal, 9 October 2015)
  • SWFs from Oslo to Riyadh raid coffers to offset oil (Bloomberg, 8 October 2015)
  • India’s shaky ‘sovereign wealth fund’(The Hindu Business Line, 6 October 2015)
  • Libyan sovereign fund happy with investments in Italy (Gulf News, 1 October 2015)

September 2015

  • SWFs oppose asset manager “super profits” (The Wall Street Journal, 30 September 2015)
  • 1MDB: The case that’s riveting Malaysia (BBC, 30 September 2015)
  • Glencore, VW hits to push Qatar sovereign fund to diversify more (Reuters, 30 September 2015)
  • Biggest SWFs relies on cash as oil cash wanes (Bloomberg, 30 September 2015)
  • Qatar’s sovereign wealth fund has suffered as $ 12 billion of losses (Financial Times, 28 September 2015)
  • Qatar plans to invest $35 billion in the U.S. over the next five years (Bloomberg, 28 September 2015)
  • SAMA withdrew more than $ 50 billion from the markets (Bloomberg, 28 September 2015)
  • Angola’s SWF looking for investment diversification (allafrica.com, 22 September 2015)
  • Oman’s state fund to retain stake in Turkey’s Kumport port (Hellenic Shipping News, 21 September 2015)
  • KIC emerges as vocal Bank of America dissident shareholder (The Wall Street Journal, 15 September 2015)
  • China unveils overhaul of bloated state sector (The Wall Street Journal, 13 September 2015)
  • Oman to rationalise spending amid slump in oil prices (Gulf News, 10 September 2015)
  • Malaysia’s 1MDB Fund Scandal Spreads to U.A.E. (The Wall Street Journal, 9 September 2015)

August 2015

  • Poorly managed SOEs are dragging down South African economy (The Economist, 29 August 2015)
  • GPFG lost more than 5% in the past months says CEO (Bloomberg, 27 August 2015)
  • GPFG is among the bidders for Black Rock Singapore Tower (Bloomberg, 25 August 2015)
  • Oil’s drop puts spotlight on Saudi Arabia (The Wall Street Journal, 24 August 2015)
  • Citic buys share in Uber while CIC and SASAC Beijing invest in Didi (Bloomberg, 21 August 2015)
  • Indian Indian prime minister Narendra Modi is looking to secure deals with ADIA (Bloomberg Businessweek, 16 August 2015)
  • Malaysian sovereign wealth fund: Low crude oil prices, weaker ringgit have advantages (NewsAsiaOne, 8 August 2015)

July 2015

  • Morgan Stanley to sell Australian real estate unit to China’s CIC (Reuters, 27 July 2015)
  • Former official at troubled state fund 1MDB barred from leaving Malaysia (SCMP, 24 July 2015)
  • The Central Bank of Taiwan opposes to the creation of a SWF (Taipei Times, 14 July 2015)
  • Should Temasek Be Worried About China Exposure? (Forbes, 8 July 2015)
  • The State Council approves the “China Insurance Investment Fund” (Xinhua, 3 July 2015)
  • Korea Sovereign Wealth Fund plans to increase alternative assets (Bloomberg, 1 July 2015)

June 2015

  • China’s pension fund seeks investment in stock market (People’s Daily/Xinhua, 30 June 2015)
  • China Investment Corporation vies for German gas-station operator (The Wall Street Journal, 29 June 2015)
  • African central bank governors to discuss sovereign wealth funds (Shanghai Daily/Xinhua, 24 June 2015)
  • UK trains sights on Abu Dhabi sovereign funds for HS2 high-speed rail project (The National, 21 June 2015)
  • The neglected wealth of nations (The Economist, 13 June 2015)
  • Sovereign wealth funds turn to internal fund management (Reuters, 10 June 2015)
  • QIA buys 19,9% of HK Electric Investments Ltd for $ 1.2 billion (Bloomberg, Reuters, 9 June 2015)
  • Middle Eastern sovereign wealth funds fear inflow decline (Financial Times, 8 June 2015)
  • Lower oil price erodes sovereign wealth funds (Financial Times, 7 June 2015)
  • Lukoil may cut price to close Kazakh deal with Sinopec (Reuters, 4 June 2015)
  • Chinese companies boost investments in European financial sector (Financial Times, 1 June 2015)
  • Head of Central Huijin Investment resignation not related to shares’ sale (Caixin, 1 June 2015)

May 2015

  • Central Huijin’s president steps down after massive share sale (Reuters, 31 May 2015)
  • International arbitral tribunal sides with PetroVietnam in Production-Sharing Contract tax incentive dispute (PetroVietnam, 30 May 2015)
  • Central Huijin Investment Ltd sold a combined $564.50 million China Construction Bank (CCB) and Industrial and Commercial Bank of China (ICBC) (Reuters, 29 May 2015)
  • CIC facing loses in Canada (Financial Post, 29 May 2015)
  • Norway’s SWF faces ban on investing in coal assets (Bloomberg, 28 May 2015)
  • ICBC acquires 75.5% of Turkish Tekstilbank (Xinhua, 26 May 2015)
  • IPIC starts an investment claim against South Korea on tax issues (Reuters, 21 May 2015)
  • Croatia’s HEP inks 3-year deal to supply power to Slovenia’s capital (Reuters, 21 May 2015)
  • Low oil prices increase pressure on SWFs’s from Gulf countries (Reuters, 20 May 2015)
  • State Grid Co. will build 12 new power plants to reduce reliance on coal (Global Times, 19 May 2015)
  • China has not succeeded, yet, in maximising return from state-owned assets (Financial Times, 18 May 2015)
  • GPFG continues to reduce the exposure on coal investments (Reuters, 4 May 2015)

April 2015

  • National Social Security Fund allowed to diversify investments (SCMP, 15 April 2015)
  • The State General Reserve Fund (SGRF) has joined the International Forum of Sovereign Wealth Funds (IFSWF) as a full member (Times of Oman, 12 April 2015)
  • Will plunging oil prices impact Middle East investor activity in Europe? (Arabian Business, 11 April 2015)
  • GPFG will exclude investments in companies that generate unacceptable quantities of greenhouse gasses (Reuters, 10 April 2015)

March 2015

  • Sovereign wealth funds start to leak oil (Financial Times, 22 March 2015)
  • With new Funds, China hits a Silk Road stride (Caixin, 12 March 2015)
  • SWFs increase investments in food and agriculture (Sovereign Wealth Center, 5 March 2015)

February 2015

January 2015

  • Malaysia’s Minister Datuk Seri Mustapa Mohamed: State-owned enterprises is a politically and economically sensitive issue (Nikkei-Asian Review, 22 January 2015)
  • Superannuation funds and SWFs has asked the OECD for tax rule exemption (The Australian, 14 January 2015)
  • Falling oil price and ageing population will affect SWFs strategies (Nikkei Asian Review, 10 January 2015)
  • SWFs venture capital and direct investment deals (Wall Street Journal, 6 January 2015)
  • Mumtalakat, a small SWF from Bahrain, signs a $ 500 million loan deal (Reuters, 4 January 2014)

December 2014

November 2014

October 2014

  • QIA makes a $ 1.8 billion real estate deal in London (Global Construction Review, 28 October 2014)
  • SWFs still far from complying with the Santiago Principles (Reuters, 28 October; Financial Times, 27 October 2014)
  • 1Malaysia Development Berhad (1MDB), an investment entity set up on leverage is having troubles with its debts (The Malaysian Insider, 27 October 2014)
  • Chinese sovereign entities will boost investments in UK infrastructure deploying £ 105 billion by 2025 (Financial Times, 27 October 2014)
  • Kuwait fiscal reserves reach $548 billion (AFP, 26 October 2014)
  • Mumtalakat plans to increase its international investments and national non oil investments (Gulf Business, 25 October 2014)
  • Developing countries and sovereign wealth funds ready for partnership on sustainable investment (UNCTAD, 23 October 2014)
  • KIA will sell domestic stakes (Reuters, 23 October 2014)
  • Rosneft seeks $49 billion help from National Welfare Fund to “survive” (The Moscow Times, 22 October 2014)
  • Nigerian SIA investments plans unchanged by oil prices fall (Reuters, 21 October 2014)
  • Western sanctions implications on Russian sovereign wealth fund (Sovereign Wealth Center, 17 October 2014)
  • Central Bank of Zambia supports the government on the establishment of the new SWF and suggest the Norwegian model to be followed (LusakaTimes, 16 October 2014)
  • Demand of green energy will affect Western Australia Future Fund investment choices in fossil fuels (The West Australian, 15 October 2014)
  • Samruk-Kazyna that now is majority share holder of Alliance Bank will control less then 1% of the shares of the new entity that is going to be established after the merger of the AB with two other banks. (Reuters, 15 October 2014)
  • China’s Silk Road Funs is not Marshall Plan redux (Caixin, 11 October 2014)
  • GIC acquires 30% of the shareholding of Gmp assuming a strategic position in the company (GIC Newsroom, 1 October 2014)

September 2014

  • CIC will sell one third of its shares in commodity trader Noble Group (SCMP, 30 September 2014; Reuters, 29 September 2014)
  • Sovereign Wealth Funds: The rules of the game (sovereignwealthcenter.com, 24 September 2014)
  • Aabar Investments and QIA are pulling out money from joint projects with 1MDB due to transparency issues and lack of progress (The Malaysian Insider, 24 September 2014)
  • GPFG becomes the n. 2 foreign buyer of US real estate (Bloomberg Businessweek, 24 September 2014)
  • Brazil SWF, the savings for the rainy day? The government will use $ 1.5 bn to correct budget deficit. (Financial Times, 24 September, 2014)
  • GIC will acquire 50% of RAC from Carlyle (Financial Times, 24 September 2014)
  • GPFG will prepare a tailor-made reference portfolio said CEO Yngve Slyngstad (Bloomberg, 23 September 2014)
  • SWFs are making private market investments as they see possibility for high returns (Institutional Investor, 22 September 2014)
  • Kiribati buying land abroad to secure food supplies (Reuters, 22 September 2014)
  • GeoEconomica MD accuses RDIF over political affiliation  meanwhile geopolitical situation push the funds partnerships with the Asian and MENA SWFs (Financial Times, 21 September, 2014)
  • KIA to increase investments in Germany developing a partnership in the energy sector (Reuters, 18 September 2014)
  • Increasing political risk pushing Samruk-Kazyna out of Ukraine (Bloomberg, 18 September 2014)
  • GPFG new investments in UD real estate sector (Norges Bank, 17 September 2014)
  • Aluminium Bahrein, 69% of which is owned by Mumtalakat, is planning to list int the Saudi Arabia Exchange (Reuters, 16 September 2014; Bloomberg, 15 September 2014)
  • An unnamed Saudi Arabian sovereign wealth fund acquiring stakes in South Korean construction company (Reuters, 14 September 2014)
  • New Zealand Labour’s leader Cunliffe presents a plan for another SWF that will invest, among others, in clean energy projects (The New Zealand Herald, 14 September 2014)
  • The National Wealth Fund is ready to support Rosneft and Novatek that were hit by western sanctions said the Russian finance minister (Reuters, 13 September 2014)
  • International Forum of Sovereign Wealth Funds seeks new members among sovereign investors (Reuters, 12 September 2014; IFSWF, 11 September 2014)
  • The challenges for the new African sovereign wealth funds (Reuters, 11 September 2014)
  • Tsunami of sovereign funds threatens world markets (Reuters, 8 September 2014)
  • Investments in the Indonesian coal miner Bumi may present multifaceted risk for Chinese Investment Corporation (SCMP, 8 September 2014)
  • Dubai Investment Corporation acquires minority stake in Dangote Cement as it plans to expand its investment in Sub -Saharan Africa (Financial Times, 7 September 2014)
  • Temasek will continue to invest with the same pace in the current financial year (Financial Times, 7 September 2014)
  • Russia is using SWFs money to support banks hit by western sanctions (Bloomberg, 5 September 2014)
  • GPFG continues its expansion in the real estate acquiring an office building in San Francisco (Reuters, 5 September 2014)
  • Kuwait Investment Authority is one of the anchor investors in the Indian agrochemical firm Sharda Cropchem Ltd (www.vvcircle.com, 5 September 2014)
  • Chairman explains Fundo Soberano de Angola activity and plans (Forbes, 5 September 2014, Financial Times, 4 September 2014; Reuters, 3 September 2014)
  • ADIA names Brian Tipple as new head of external equities (Reuters, 3 September 2014)
  • Russian SWFs continue to expand even though western sanctions are affecting the economic growth (The Moscow Times, 2 September 2014)

    August 2014

  • Russian government may elude western sanctions that hit RDIF by transferring the fund to the Bank of Russia (www.pbs.org, 29 August 2014; Bloomberg, 1 September 2014)
  • Malaysia Airlines cuts 6000 jobs as part of the restructure plan after Khazanah Nasional Bhd. buyout offer (Bloomberg, 29 August 2014)
  • US corporate debt is loosing its allure said Ole Christian Froeseth, he’d of fixed income at GPFG (Bloomberg, 28 August 2014)
  • The Norwegian government may cut taxes thanks to the increased value of the GPFG (Reuters, 26 August 2014)
  • GIC is going to make Japan’s biggest real estate deal since the financial crises (Reuters, 25 August 2014)
  • GPFG is increasing its Japanese bonds holding while the Japan’s Government Pension Investment Fund is cutting its holdings ( Bloomeberg, 25 August 2014)
  • Create an American sovereign wealth fund (Washington Times, 21 August 2014)
  • The Norwegian SWF to continue its expansion in the real estate sector until reaching the 5% regulatory limit (The Wall Street Journal, 20 August 2014)
  • The GPFG reports a 3,3% profit in the last quarter thanks to global stocks surge and amid the Iraqi and Ukrainian crises (Bloomberg, 20 August 2014)
  • Goldman Sachs withdraws the request for summary judgement in its dispute with LIA, previously lodged at the London’s High Court (Financial Times, Reuters, 19 August 2014)
  • Statoil decide to cooperate with Rosneft in Arctic oil search project despite Western sanctions on Russia (BBC, 18 August 2014)
  • NBIM buys 57,8% stake of Pollen Estate that controls areas in West End increasing its interest over London’s landmarks (The Guardian, The New York Times,11 August 2014)
  • Long term fits for the evaluations of SWFs investment yields, the State Council has approved a 10-year period for CIC (Caixin, 11 August 2014)
  • China State Grid quietly builds Mediterranean power network (Reuters, 10 August 2014)
  • Khazanah will buyout minority shareholders and acquire full control of Malaysia Airlines  (Financial Times, 10 August 2014)
  • Macao may follow IMF suggestion and establish its SWF (centralbanking.com, 8 August 2014)

    July 2014

  • The $50 billion compensations decided by the Permanent Court of Arbitration in the Yukos case tops any Russian stake in state controlled entities except those in SWFs (Bloomberg, 30 July 2014)
  • Norway’s SWF is likely to follow EU sanctions against Russia (Bloomberg, 30 July 2014)
  • Macao may establish its own SWF to diversify city’s reserves (macaubusinessdaily.com, 29 July 2014)
  • GPFG acquires 47,5% stake in and office property in Boston through a joint venture with MetLife Inc. (The Wall Street Journal, 28 July 2014)
  • SAMA net foreign assets reach $730 billion (Arabnews.com, 28 July 2014)
  • Khazana Nasional thinking about rebranding and reducing its 69% stake in Malaysia Airlines (Financial Times, 27 July 2014)
  • GPFG is reassessing its $8 billion investments in Russia as the EU is planning to expand sanctions against Russia even though Norway is not a EU member (Bloomberg, 24 July 2014)
  • Saudi Arabia’s Public Investment Fund is going to expand local and overseas investments in real estate, petrochemicals and technology (Reuters, 23 July 2014)
  • Kazakhstan largest bank to buy back part of a 21% stake acquired by Samruk-Kazyna (Bloomberg, 22 July 2014)
  • Arqaam Capital will gather together this September in Dubai SWFs and other institutional investors to discuss competitive strategies (arabianbussiness.com, 21 July 2014)
  • Oman State General Reserve Fund is discussing with the Bulgarian government a plan to rescue Corporate Commercial Bank (Reuters, 20 July 2014)
  • GIC investing in private equity firm established by Alibaba’s founder Ma (Reuters, 16 July 2014)
  • BRICS SWFs to establish a joint infrastructure fund with a $10 billion initial capital (Reuters, 16 July 2014)
  • QIA real estate arm to buy stake in real estate firm from Masraf Al Rayan, Qatar’s largest Islamic bank by market value (Reuters, 15 July 2014, 13 July 2014)
  • Leadership stability is another of the challenges of LIA (Financial Times, 14 July 2014)
  • Libya’s SWFs deals under strict investigations in UK and US involve a Swiss brokerage house (The Wall Street Journal, A, B, 13 July 2014)
  • Pension funds seek ‘sweet spot’ in alternatives (Financial Times, 13 July 2014
  • India’s Finance Secretary said that it is not yet the right moment for setting up a  SWF (The Hindu Business Line, 12 July 2014)
  • ADIA is looking forward to sell $2 billion of private equity fund stakes (Bloomberg Businessweek, 9 July 20140
  • Temasek Holdings Annual Review 2014 (Temasek Review, July 2014)
  • Qatar Investment Authority  will sell part of its stake in the London Stock Exchange (Reuters, 10 July; Financial Times,  9 July 2014)
  • Former Oil Minister of Libya named acting chairman of the Libyan Investment Authority (Financial Times, Bloomberg, Reuters, 9 July 2014)
  • Temasek Holdings’ focus on Asian markets slows the growth of its assets (The Wall Street Journal, Bloomberg, 8 July 2014)
  • Temasek Holdings remains confident on Chinese banks even though the drop of share value (Reuters, 8 July 2014)
  • Ding Xuedong has been appointed as new chairman of the CIC (SCMP, 6 July 2014)
  • GPFG is going to set up a dedicated structure boosting real estate investments (Bloomberg, 5 July 2014)
  • 1MDB, a Malaysian state investor, is seeking to rise $ 3 billion through an IPO, amid controversies (Reuters, 4 July 2014)
  • ADIA to double investments in Chinese shares thanks to government approval (The Wall Street Journal, 1 July  2014)
  • Abu Dhabi Investment Authority has released its Annual Review 2013 (ADIA Media, 1 July 2014)
  • Abu Dhabi Investment Authority is playing a leading role in infrastructure investments (Reuters, 1 July 2014)

    June 2014

  • Norway Central Bank will continue recent months practice and will not buy foreign currency (Reuters, 30 June 2014)
  • CIC appoints Lui Guiping , former banker of China’s fourth biggest bank, as executive vice president (Reuters, 30 June 2014)
  • The Australian G20 identifies increasing investments in infrastructure as a priority (Financial Times, 29 June 2014)
  • Old ties between India and Gulf countries are renewed but India is failing to attract Gulf’s SWFs investments (Financial Times, 29 June 2014)
  • Russia’s central bank completes forex purchase on behalf of the Ministry of Finance which is using the money to top up the Russia Reserve Fund (Reuters, 25 June 2014)
  • Oman SWFs which holds 30% of the shares of CorpBank discuses about it rescue with the Bulgarian government (Reuters, 25 June 2014)
  • UK’s first Islamic bond issue draws interest of SWFs and other investors based in UK, Middle East and Asia (Reuters, 25 June 2014)
  • Norway’s SWF CEO said the fund will invest also in infrastructure and in private equity (Bloomberg, 25 June 2014)
  • GPFG, Norway’s SWF will broaden investment scope to “frontier markets” and add more currencies in its fixed-income investments (Bloomberg, Reuters, 24 June 2014)
  • SWF are trying to build strategic asset allocations rather than investing according to short-term tactical views, increasing alternative investments in private equity, infrastructure and real estate (Financial Times, Bloomberg, The Wall Street Journal, 23 June 2014)
  • Central Banks are buying shares: Which are the risks? What does it change  in their relationship with SWFs? (Bloomberg, 23 June 2014; Financial Times, 19 June 2014)
  • State capitalism continues to defy expectations of its demise (The Economist, 21 June 2014)
  • Norway will sell stakes in some SOEs as part of the conservative government plan to reduce state control in the economy (Bloomberg, The Wall Street Journal, 20 June 2014)
  • The Filipino government is trying to attract the investment of the Norwegian SWF (ManilaStandardToday, 20 June 2014)
  • The CIO of Korea Investment Corporation’s praises KIC’s progress over the years nevertheless the losses with Merrill Lynch investment (Asianinvestor.net, 19 June 2014)
  • CIC’s general manager says CIC need to enhance its corporate governance (Caixin, Bloomberg, 19 June 2014)
  • China’s National Audit Office finds out mismanagement in some CIC foreign investments and said that 12 have not received proper due diligence (Reuters, The Wall Street Journal, 18 June 2014)
  • Agriculture sector offers stability, a way of hedging against inflation and a device for spreading risk and for long term investors it can offer bounteous returns said Ding Xuedong, chairman and chief executive of CIC (Financial Times, 17 June 2014)
  • China’s sovereign fund CIC shifts focus to agriculture(Financial Times, 17 June 2014)
  • SAMA Foreign Holdings to keep its conservative investment strategy while the debate for a SWF goes on (Reuters, 17 June 2014)
  • New Zealand Super Fund appoints Matt Whineray as Chief Investment Officer (NZSuperFund, 17 June 2014)
  • Malaysia puts off plan to create tax office investment panel (Reuters, 17 June 2014)
  • ADIA’s expertise in infrastructure investments highly appreciated by the US that want to boost investments in domestic infrastructure (The Wall Street Journal, 16 June 2014)
  • Is Qatar’s foreign policy pervading QIA management choices and  investment strategy?(The Wall Street Journal, 16 June 2014)
  • Middle-Est SWFs may boost property buys fivefold over the next decade by investing  up to $180 billion  in commercial real estate (Bloomberg, The Wall Street Journal, 16 June 2014)
  • Australia Future Fund is ready to invest in national infrastructure projects but not at any price (The Age, 14 June 2014)
  • SWFs such as QIA, SOFAZ and GIC are reviving the Japanese real estate market (Financial Times, 11 June 2014)
  • Indonesian coal miner Bumi gets lender approval for closing a debt to equity swap with CIC (Reuters, 11 June 2014)
  • SWFs continue to be interested and to affect London real estate market; GIC and KIA  make record breaking deals (Financial Times, The New York Times10 June 2014)
  • SOFAZ seeking permission to Chinese regulators to access renminbi assets and invest up to $1,8 billions emphasising the RMB internationalisation (Financial Times, 10 June 2014)
  • Japan’s $1.26 trillion public pension fund will likely announce a boost to stock and foreign-bond investments in early autumn (The Wall Street Journal, 10 June 2014)
  • Sinopec Group enters in a joint venture with FTS  International, a US company that has a major shareholder Temasek Holdings, to boost hydraulic fracturing in China (Reuters, 10 June 2014)
  • Australia sell her SOEs, SWFs and other institutional investor show their interest (The Wall Street Journal, 9 June 2014)
  • Saudi Arabia consultative council will discuss the establishment of a SWF that will manage investments of foreign currency reserves till now controlled by the SAMA (Central Bank) (Reuters, 8 June 2014, AFP, The Telegraph, 7 June 2014)
  • Korea Investment Corporation appoints Ms. Lee as new head of the research team with the goal to double alternative investments(Asia Asset Management, 6 June 2014)
  • GIC being very aggressive in the Chinese bond market (Reuters, 6 June 2014)
  • A Qatari Dier (QIA real estate arm) backed plan to redevelop a central area in London receives government permission (Reuters, 6 June 2014)
  • Mumtalakat, Bahrein’s SWF made a net profit of $219 million thanks to improved operating performance across portfolio companies, in particular Gulf Air (Reuters, 4 June 2014)
  • Norway’s SWF is throwing its support behind Brad Katsuyama’s new exchange (Bloomberg, 4 June 2014)
  • JSC Samruk-Kazyna , Nigeria Sovereign Investment Authority and Russian Direct Investment Fund join the International Forum of SWF willing to improve corporate governance and endorse the Santiago Principles (IFSWF News Release, 6 March 2014, 4 June 2014)
  • Japan’s Government Pension Investment Fund is the biggest state investor with $ 1,3 trillion (Bloomberg, 3 June 2014)
  • China – Africa  Development Fund will increase its capital and CIC will diversify its investments in Africa (Bloomberg, 3 June 2014)
  • YTL Corp suggest to Asian SWFs to invest 30% in infrastructure to boost local productivity (Bernama3 June 2014)
  • Japan will use its $1,3 t Government Pension Investment Fund to depreciate the yen (Bloomberg, 2 June 2014)
  • SWFs wealth reached $ 6,46 trillion (Khaleej Times, 2 June 2014)
  • Nigeria SIA together with Guarantco to address Nigeria’s problem of financing infrastructure projects (NSIA, 2 June 2014)
  • F2i decision to sell 49 % of its stake in the airport holding company attracts SWFs such as ADIA and GIC (Il Sole 24 Ore, 1 June 2014; Reuters, 22 May 2014)

    May 2014

  • Samruk-Kazyna, a Kazakh SWF, having troubles to restructure Alliance Bank’s debt (Bloomberg, 31 May 2014; Reuters, 29 May 2014)
  • Norway will not buy foreign exchange for its GPFG (Reuters, 30 May 2014)
  • Mozambique may have its own sovereign wealth fund (AFP, 30 May 2014)
  • Lee Hsien Loong, Prime Minister of Singapore and GIC Chairman, filed a defamation case against a blogger that accused him of misappropriation of monies (AFP, 29 May 2014)
  • Norway’s government proposal to make the Council on Ethics part of the fund faces opposition (Reuters, 28 May 2014)
  • Norway’s reputation as stable host country at stake because of policy disturbances and investors lawsuits (Bloomberg, 21 May 2014, 28 May 2014)
  • CIC will have stakes in the new entity that will be formed by Pembani Group and the disposed assets of deputy president of South Africa in Shanduka (Bloomberg, Reuters, 27 May 2014)
  • Fullerton Fund Management (Temasek Holdings) was granted Renminbi Qualified Foreign Institutional Investor status (Reuters, 26 May 2014)
  • Can a sovereign fund help to fix South Africa’s problems (Business Day, 26 May 2014)
  • Chinese SWFs shows the right path to other investors (SCMP, 26 May 2014)
  • A Scottish oil fund to improve public finances of an independent Scotland? (BBC, 25 May 2014)
  • CIC and Qatar Investment Authority keen to make investments in Russia (Reuters, 23 May 2014; arabianbusiness.com, 24 May 2014)
  • Kazakhstan uses oil fund money to co-finance projects with international landers in order to improve industry, diversification and competitiveness (Bloomberg, 23 May 2014)
  • CIC Chairman said that European Central Bank stimulus measures  will make EU more attractive to their investments (International Business Times, 23 May 2014)
  • Saudi Arabia SWF is very cautious in its investment strategy (The Economist, 22 May 2014)
  • Norway’s GPFG target Asian cities properties in order to increase its real estate portfolio to 5% from the current 1,2 % (Bloomberg, 22 May 2014)
  • SWFs are making key investments in the real estate sector in the European Union (Property Wire, 22 May 2014)
  • Temasek takes Standard Chartered dividend in cash and dips its shareholding from 18.06 % to 17.75% (Reuters, 20 May 2014)
  • Christof Ruhl, BP chief economist, joins ADIA where he will lead a global research team (The Wall Street Journal, 20 May 2014)
  • SWFs, where the banking sector finds the money it need (The Wall Street Journal, 19 May 2014)
  • Temasek Holdings become leading investor of the expansion of Virgin Mobile Latin America in Mexico and Brazil (Reuters, 15 May 2014)
  • GIC private equity arm buys minority shares in hospitality unit of Philippine conglomerate (Reuters, 15 May 2014)
  • GIC acquires 6,5 % of shares of Applus during IPO (Reuters, 15 May 2014)
  • Temasek Holdings and GIC lead state investor foreign direct investment (Bloomberg, 14 May 2014)
  • Norway SWF and other shareholders investment decisions in the coal industry companies push them to better ethical, social and environmental standards (Reuters, 14 May 2014)
  • Libyan Local Investment and Development Fund, created by LIA and the central bank will invest in the local bourse to boost investments (Reuters, 14 May 2014)
  • Norway will use 2, 8 % of GPFG money to plug budget deficit, in line with regulations that limit SWF expenditures to 4% (Businessweek, Reuters,  14 May 2014)
  • Sovereign Wealth Funds bet on Greek recovery acquiring shares that were impressively oversubscribed from the main Greek banks (The Wall Street Journal, 9 May 2014; Reuters, 29 April 2014)
  • SWFs have progressed thanks to the Santiago Principles but there is still a lot to be done with respect to corporate governance  said Mr. Parrado (Financial Times, 7 May 2014)
  • The governor of the Central Bank of Nigeria seeks constitutional coverage for the Nigerian Sovereign Investment Authority (The Sun, 7 May 2014)
  • Citigroup will substitute  JPMorgan Chase as  custodial and securities lending service provider of Government Pension Fund –  Global (Financial Times, 4 May 2014; The New York Times, 5 May 2014)
  • Gulf’s SWFs interested in the acquisition of the Asian Development Bank’s stake in India’s biggest natural gas importer (The Economic Times, 2 May 2014)
  • Iranian fund NDFI cooperates with Azeri fund SOFAZ on the implementation of the Santiago Principles (State Oil Fund of the Republic of Azerbaijan, 1 May 2014)
  • Russian fund RDIF signs cooperation deal with Mumtalakat (The Wall Street Journal, 1 May 2014)

    April 2014

  • The Ukrainian crises is jeopardising short term profits in Russian bonds (Financial Times, 30 April 2014)
  • CIC planning to invest in agriculture in EU and Latin America (SCMP, 29 April 2014)
  • Korea Investment Corp. plans to diversify its investments in the next 10 years (Bloomberg, 24 April 2014)
  • Revenue Watch Institute says Ghana has satisfactory disclosure policies and a good legal framework for its funds (Ghanaweb24 April 2014) 
  • Fundo Soberano de Angola plans to make $ 2,5 billion investments in hospitality, infrastructure, mining and agriculture in the next two years (Bloomberg, 23 April 2014)
  • Taiwan moving forward to the creation of  a SWF (Financial Times, 20 April 2014)
  • Breish LIA’s chairman planning radical changes (Bloomberg, 18 April 2014)
  • Goldman Sachs ask for early dismissal of the case brought by Libyan Investment Authority (LIA)in front of London High Court (Bloomberg, 17 April 2014)
  • Abu Dhabi state-owned investment vehicle, Mubadala triples profits thanks to very good financial investments (Reuters, 17 April 2014)
  • The EU and US sanctions are imperilling the investments of Russian SWFs (Bloomberg, 16 April,2014)
  • Russia will use money of its SWFs to finance Crimea (Bloomberg, 15 April 2014)
  • A private equity vehicle financed by Qatar Holding, the Kuwait Investment Authority’s,  Aabar Investments  and Saudi’s Public Investment Fund making more then Euro 2 billion of infrastructural investments in Marocco (The Wall Street Journal, 14 April 2014)
  • An Iraqi, the “Dutch disease” and the world’s biggest SWF (CBC News, 13 April 2013)
  • Peru finance minister says that the government is still working on the creation of a SWF (Reuters, 10 April 2014)
  • Investment Corporation of Dubai ready to make  huge investments in Dubai to reach economic goals (arabianbusiness.com, 8 April 2014)
  • Kenya establishing a SWF before exploitation of its natural resources (Bloomberg, 2 April 2014)
  • FAP, the Panamanian SWF is going to invest in equities of companies of developed markets (Reuters, 1 April 2014)
  • Libyan Investment Authority accuses Société Générale for losses and bribery in a London’s High Court  (Financial Times The Wall Street Journal, 30 March 2014; Forbes, 1 April 2014)

    March 2014

  • An analysis of The Economist on the potentialities of a Venezuelan SWF (The Economist, 28 March 2014)
  • PBoC shares acquisition in Italian government controlled companies Eni and Enel above 2% (Consob communication, 27 March 2014)
  • Temasek planning to sell Shin Corp. stake (The Wall Street Journal, 18 February 2014)
  • U.S. Justice Department is investigating financial institutions on improper payments to secure investments form the Libyan Investment Authority (Bloomberg, 4 February 2014)
  • Norwegian SWF decides not to invest in Israeli companies due to their involvement in the violation of human rights and breach of the Fourth Geneva Convention (Financial Times, 2 February 2014)
  • Chinese investment in the US has become stigmatized said Gao Xiqing (The Wall Street Journal, 7 April 2013)
  • CIC acquires 8,68%  and  ADIA 9,9% of Thames Water (BBC, 20 January 2012)
  • President’s son named as chairman of Angola’s SWF increases concerns over nepotism and transparency (Financial Times, 21 June 2013, 7 July 201410 July 2014, )
  • Temasek success, a source of inspiration for SASAC (Financial Times, 27 February 2011)
  • Sarkozy attacks SWFs on the eve od Middle Est trip (Reuters, 12 January 2008)
  • SAFE Investment Company and CIC competing rivalry (Financial Times, 5 January 2008)
  • A Fear of Foreign Investments (The New York Times, 21 August 2007)
  • Concern about SWFs spread to Washington (The New York Times, 20 August 2007)
  • The world most expensive club (The Economist, 24 May 2007)
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