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Showing 1181 - 1190 of 1250 results for "Sovereign"

GIC pockets $1.8 billion from Citi sale

RUTH LIEW  |  WEDNESDAY, 23 SEP 2009
Singaporean sovereign wealth fund GIC has sold half of its 9 per cent stake in Citigroup - a deal that plumped up GIC's coffers with a $1.8 billion (US$1.6 billion) profit. A press statement from GIC, which has over $100 billion in funds under management ...

Money flows lead to Africa

RUTH LIEW  |  TUESDAY, 22 SEP 2009
... surprisingly it is a phenomenon caused by the demise of access to easy financing. At the other end of the spectrum, sovereign wealth funds attained a record FDI high in 2008 - although they too faced challenges caused by falling export earnings in their ...

Lucky country

MICHAEL HOBBS  |  TUESDAY, 8 SEP 2009
Australian superannuation and sovereign fund assets grew over 14 per cent p.a. in local currency terms in the past five years, posting the highest growth in assets than any other country, research shows. The Watson Wyatt and Pensions & Investments research ...

Temasek seeks more Asian exposure

RUTH LIEW  |  THURSDAY, 27 AUG 2009
... flagged a new charter that would open its mandate book to more Asian and emerging markets fund managers. The Singaporean sovereign wealth fund has updated its charter as part of its 35th anniversary, which includes a renewed focus on Asia and other developing ...

SWFs no longer at arm's length

MICHELLE BALTAZAR  |  THURSDAY, 27 AUG 2009
Sovereign wealth funds will gradually switch from being passive investors to active shareholders, predicts Andrew Rozanov, head of Sovereign Advisory at State Street Global Markets. This year Rozanov co-authored a comprehensive State Street report looking ...

Danger signs ahead but bargain stocks a-plenty: Faber

MICHELLE BALTAZAR  |  THURSDAY, 6 AUG 2009
... currency. Against that environment, he highlights various investment themes including going long on gold and silver (sovereign funds will likely buy gold when interest rates are around zero), corporate bonds and Asian equities (many markets in Asia are ...

SWF Institute opens trading platform

COMPANY RELEASE  |  TUESDAY, 21 JUL 2009
The Sovereign Wealth Fund Institute has launched a confidential trading platform that allows some of the biggest institutional investors to trade assets. Wholly owned by the institute, the Imbourse platform provides capital introduction between buyers ...

Can't swing it both ways

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2009
... ago, all and sundry were calling on national governments and central banks to curtail their spending because ballooning sovereign debts and deficits would mortgage the future of our children and our children's children. Heck, Standard & Poor's even made ...

APFC seeks absolute return director

COMPANY RELEASE  |  MONDAY, 29 JUN 2009
... under the general direction of the chief investment officer to manage the roughly $40 billion Alaska Permanent Fund, a sovereign-style fund created in 1976 to preserve a portion of Alaska's mineral wealth. This position manages the relationships and ...

No protection in protectionism

BENJAMIN ONG  |  FRIDAY, 19 JUN 2009
... since November 2001 - a positive for labour market prospects. Greener shoots. Standard & Poor's reaffirmed America's AAA sovereign credit rating. Ten of the US's big banks repaid US$68 billion in TARP funds to the government and promised to start immediate ...