Central Banking

Hani Kablawi Named Head of Investment Services for EMEA at BNY Mellon

Hani Kablawi was named Head of Investment Services for Europe, the Middle East and Africa (EMEA) at BNY Mellon. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Khazanah Eyes Stake in Hong Leong Assurance

Malaysia’s Khazanah Nasional is analyzing a bid to buy a 70% stake in Hong Leong Assurance Berhad and a 65% stake in Hong Leong MSIG Takaful Berhad. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI – Movers and Shakers – July 18, 2016

Lending Club Hires iShares Executive for COO Role [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Qatari Royal Family is the Largest Shareholder in Deutsche Bank

Deutsche Bank which has been struggling with its share price over the past years said that Qatar’s al-Thani family has increased its stake in the bank near 9%. Shares of Deutsche Bank are down almost 43% since the start of 2016. As of August 2015, the family controlled 6.1% in the bank. The family owns […]


Friday SWFI News Roundup, July 15, 2016

GETTING BIGGER: BlackRock’s AUM Reaches Record High BlackRock, the world’s largest publicly traded money manager, reported assets under management of US$ 4.89 trillion from June 2016. This is up from 3.6% a year earlier and 3.2% from March 2016. BlackRock CEO Lawrence Fink in a quarterly press release stated, “We are seeing increasing evidence that […]


Fullerton Financial to Name JPMorgan IB Chief of Singapore as CIO

Fullerton Financial Holdings Pte, a sovereign wealth enterprise of Singapore’s Temasek Holdings, hired an executive from JPMorgan Chase & Co. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


state street

State Street to Pilot DTCC-Euroclear Margin Settlement Service

Driving standardization, greater transparency and increasing efficiency appear to be common themes when it comes to the margin settlement process. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Bank of Japan Scales up ETF Buying

The Bank of Japan (BOJ) started buying exchange-traded funds (ETF) in 2010 to carefully stimulate market forces and promote greater risk taking. The central bank measure created a bit of controversy, as equities do not redeem like bonds. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


MERGER: NBAD and FGB Agree to Create $175 Billion Bank

A wave of mergers and consolidations in the Gulf financial sector is occurring partly due to the prolonged low price in oil, to reduce the number of lenders in an overbanked region and a bid to increase efficiency. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Will FX Management Be Even More Important for Asset Owners Post-Brexit?

Across the globe, mega asset owners, such as USS Investment Management and California State Teachers’ Retirement System (CalSTRS), are closely monitoring the events after the Brexit vote. While some sovereign wealth funds reiterated their belief in investing in the United Kingdom, such as the Kuwait Investment Office and Norges Bank Investment Management (NBIM), other wealth […]


SWFI First Read, June 28, 2016

Pavilion Financial Corporation to Acquire Altius Associates Pavilion Financial Corporation is acquiring Altius Holdings, the parent of Altius Associates Ltd. and Altius Associates (Singapore) Pte Ltd, a global private markets advisory and separate account management firm. Pavilion will combine the operations of Altius Associates with LP Capital Advisors, LLC, the alternative asset advisory subsidiary of […]


How the Brexit Outcome Impacts Institutional Investors

The United Kingdom’s choice to exit the European Union, combined with U.K. Prime Minister David Cameron resigning, and a plummeting pound sterling down at a 31-year low, sets the stage for potential opportunity for wealth funds and pension investors. JPMorgan Chase CEO Jamie Dimon sent a memo telling that foreign exchange volumes were at a […]


BREXIT Happens

   Breaking news. The United Kingdom will leave the European Union. The historic voter result sent the British pound falling to a 31-year low. The final tally is – Leave: 17,410,742 versus Remain: 16,141,241 Bank of England governor Mark Carney says the central bank is ready to provide £250 billion in extra funds. “The Bank […]


NBAD and First Gulf Bank Explore a Merger

National Bank of Abu Dhabi PJSC (NBAD) and First Gulf Bank PJSC (FGB) are in discussions regarding a potential merger, which would create the biggest lender in the Middle East. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, June 16, 2016

Sharing Economy Company Airbnb Gets US$ 1 Billion Debt Facility San Francisco-based Airbnb Inc. has inked a mega debt deal with JPMorgan Chase & Co., Citigroup Inc., Bank of America Corporation, and Morgan Stanley for a US$ 1 billion debt facility. Airbnb was last valued at US$ 25.5 billion. Not Enough Public Data: Reason why […]


SWFI – Movers and Shakers – June 8, 2016

LGIM Appoints New COO, Ex-BlackRock EMEA Executive Hire Legal & General Investment Management (LGIM) hired Michael Marks to be the company’s chief operating officer. Marks will report to LGIM CEO Mark Zinkula and will officially join the company at the end of June. Previously, Marks spent 28 years at BlackRock. Most recently at BlackRock, he […]


No Rush to End Brazil’s Sovereign Fund

Brazilian Finance Minister Henrique de Campos Meirelles told the public there is no rush to end the country’s sovereign wealth fund. The previous week Meirelles indicated the wealth fund’s termination was to be immediate. However, this week held a different tune, Meirelles emphasized there is no immediate rush to sell shares of the Banco do […]


Øystein Olsen Gets Second Term as Norges Bank Governor

Øystein Olsen was appointed Governor of Norges Bank by the Council of State for a second six-year term on May 27, 2016. “I look forward to a new term as Central Bank Governor. Together with Norges Bank’s highly competent and engaged staff, I am delighted to undertake our important public tasks both within the central […]


Saudi Arabia Holds $116.8 Billion in U.S. Debt – March 2016

The U.S. Treasury released information regarding Saudi Arabia’s holdings of U.S. debt, after a Freedom of Information Act (FOIA) request. Saudi Arabia holds US$ 116.8 billion of U.S. debt as of March 2016. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Follow the Money – Episode 8

This podcast covers activities during early May 2016. The main story covers Europe and ongoing events on the macro side. Also, I cover direct energy investment trends by sovereign wealth funds. There is talk about real assets near the end. Follow the Money Show is available on asset.tv on the Asset Owner Channel. EPISODE 8 […]