Central Banking

Friday SWFI News Roundup, December 2, 2016

In case you missed – Follow the Money – Episode #25 Jo Taylor Promoted to Senior Managing Director, International Bjarne Graven Larsen, Chief Investment Officer, Ontario Teachers’ Pension Plan (OTPP), announced that Jo Taylor has been promoted into the new role of Senior Managing Director, International, effective January 1, 2017. Taylor joined OTPP in 2012 […]


Saudi King Salman Approves New Funds for PIF

According to a statement by Saudi news agency SPA, Saudi King Salman mandated the moving of 100 billion SAR (US$ 26.67 billion) to be moved from the country’s foreign reserves to the Public Investment Fund (PIF). The moved capital will be used to back local and overseas investments.


PARALLEL CURRENCY: Reserve Bank of Zimbabwe Issues Bond Notes

Zimbabwe is encountering a wide-spread U.S. dollar cash crunch. The Reserve Bank of Zimbabwe, the country’s central bank, announced on November 28, 2016, they issued US$ 10 million in bond notes, creating a controversial quasi-currency to placate citizen frustrations. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. […]


DEVALUATION: Central Bank of Egypt Floats Pound

In a historic moment for Egypt’s monetary woes, the pound gets massively devalued. Since the 2011 uprising that ended the rule of Hosni Mubarak, Egypt has struggled to accumulate U.S. dollars (hard currency) as political fallout and unrest had driven away foreign institutional investors and tourists. Security issues have spooked many tourists from visiting Egypt’s […]


Institute Fund Summit 2016 Europe – Frankfurt Slider12

Delegates enjoy private ECB tour, visiting new building. < PREVIOUS 13 of 20 NEXT > CONTACT INFORMATION Sponsorship Information Carl Linaburg clinaburg(a)swfinstitute.org General Information events(a)swfinstitute.org Membership Information vberretta(a)swfinstitute.org


Institute Fund Summit 2016 Europe – Frankfurt Slider2

Central bank executives and reserve managers banter about negative interest rates, experiences in the current European economic environment and opportunities within their respective countries. < PREVIOUS 3 of 20 NEXT > CONTACT INFORMATION Sponsorship Information Carl Linaburg clinaburg(a)swfinstitute.org General Information events(a)swfinstitute.org Membership Information vberretta(a)swfinstitute.org


BOE Governor Carney to Exit in June 2019

Bank of England Governor Mark Carney will serve one more year than the five he committed to. Carney will stay on till the end of June 2019. U.K. Prime Minister Theresa May commented that Carney’s choice to stay on an extra year would help the “continuity and stability as we negotiate our exit from the […]


Botswana Pula Fund Could See Inflows in 2017

Botswana is home to Jwaneng, also known as “The Prince of Mines,” is located in south-central Botswana. Jwaneng is 400 meters deep and is the largest diamond mine on the planet. The country is looking to harvest more sovereign wealth from diamonds. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe […]


BOOM: Saudi Arabia to Sell Record of $17.5 Billion in Sovereign Bonds

Saudi Arabia is acting quickly before the U.S. Presidential election results (Hillary Clinton versus Donald Trump) and a possible future rate hike by the U.S. Federal Reserve. The Kingdom of Saudi Arabia plans to raise US$ 17.5 billion in an enormous sovereign bond sale. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. […]


Friday SWFI News Roundup, October 14, 2016

CPPIB’s Vigna Exits for Sagard Capital Adam Vigna is leaving the Canada Pension Plan Investment Board (CPPIB) to become Chief Investment Officer and Managing Director of Sagard Capital, an activist equity manager. Vigna had the position of Managing Director and Head of Principal Credit Investments at CPPIB. Vigna helped CPPIB get in the private credit […]


SWFI First Read, October 10, 2016

    Iraq Faces Falling Foreign Reserves Due to plummeting oil revenue, Iraq’s foreign exchange reserves fell to US$ 50 billion. In October 2015, the country’s foreign reserves were US$ 59 billion. Bank of England Plans to Investigate Precipitous Overnight Fall of British Pound [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. […]


Will Sovereign Wealth Capital Save Deutsche Bank?

Under intense fire for its last-twelve-month stock underperformance, Deutsche Bank AG is endlessly trying to placate shareholder concerns. The German titan has been in discussions with its peers on a potential share sale – some estimates point to a €5 billion capital raise. The success and stability of Deutsche Bank are of tremendous concern for […]


Mubarak Rashed Al Mansoori Places #3 on Public Investor 100-2016

SWFI Staff has released the Public Investor 100. He ranks 3 out of 100 for the SWFI Public Investor 100 – 2016. To see the full rankings In the Fall of 2014, Mubarak Rashed Al Mansoori was appointed Governor of the Central Bank of the United Arab Emirates (UAE). Mansoori is a critical fixture in […]


SWFI First Read, October 3, 2016

Former Fed Chairman Greenspan to Serve as an Economic Advisor to Advisors Capital Management Ridgewood, New Jersey-based Advisors Capital Management, LLC has hired former Federal Reserve Chairman Alan Greenspan, to serve as an economic adviser. Greenspan served as Federal Reserve Chairman from 1987 to 2006. Greenspan has also been an advisor to hedge fund Paulson […]


Finland Joins the Euro Negative Interest Rate Club

The country of Finland is seeing its 10-year borrowing costs turn slightly negative. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, September 22, 2016

Last Year Malaysia’s KWAP Invested in Uber Kumpulan Wang Persaraan, also known as KWAP, revealed that in 2015 they had invested in the Series G round of car-hailing app Uber Technologies, committing around US$ 30 million. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Friday SWFI News Roundup, September 16, 2016

Datuk Johari Abdul Ghani Appointed to Khazanah Nasional’s Board of Directors Khazanah Nasional’s board of directors appointed Datuk Johari Abdul Ghani to its board. Datuk Johari is currently Minister of Finance II of Malaysia. Prior to his current appointment on June 27, 2016, Datuk Johari was the Deputy Minister of Finance. FINTECH: BNY Mellon Hires […]


BlackRock NY

BlackRock Trades in Negative-Yielding Corporate Debt

Negative-yielding fixed income debt is becoming hard to avoid, especially if you are an institutional giant. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Friday SWFI News Roundup, September 9, 2016

Private Iranian Banks Plan to Open in Munich Sina Bank and Middle East Bank, two private Iranian banks, are opening up branches in Munich, Germany. Middle East Bank hopes to open its Bavarian branch by the end of 2016. Sina Bank was formed in 1985 and is listed under the Tehran Stock Exchange. Sina Bank, […]


Low Growth, Low Inflation, Low Interest Rates

Institutional investors are getting increasingly frustrated about what the Federal Reserve plans to given the increasingly non-committal statements by central bank officials. With multiple perspectives from Fed officials, there is an everlasting collection of growing ambiguity. Are they being hawkish or bouncing back to dovish tones? To be fair to central bankers, they are combating […]