Central Banking

SWFI First Read, May 13, 2017

Standard & Poor’s Lowers Oman Credit Rating to Junk Standard & Poor’s, one of the major ratings agencies, chopped Oman’s credit rating down to BBB- from BB+ on May 12, 2017. BBB- is junk status. Progress on Proposed St. Kitts and Nevis Sovereign Fund [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. […]


SWFI First Read, May 12, 2017

Temasek Participates in Another Investment Round in Virtual Reality Startup Japan-based SoftBank Group Corporation is leading a group of investors to invest in London-based Improbable Worlds Limited, a virtual reality startup. It is a US$ 502 million investment. Returning investors include Temasek Holdings, Andreessen Horowitz and Hong Kong-based Horizon Ventures. These returning investors participated in […]


Institute Fund Summit 2017 Asia – Singapore Slider 14

The Emerging Markets Panel: India, Turkey and Africa < PREVIOUS 15 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 2017 Asia – Singapore Slider 4

Witnessing the first Institute Fund Summit Asia 2017 group “selfie” < PREVIOUS 5 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 2017 Asia – Singapore Slider 2

The Asian Century panel gets revisited. Ryan He from the China Light Industry Council gives his perspective on China. < 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


Institute Fund Summit 2017 Asia – Singapore Slider 1

Keynote speaker Donghyun Park of the Asian Development Bank educates delegates on the Asian Middle Class Challenge (formerly known as the Trap). < PREVIOUS 2 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


A Swedish Sovereign Fund or Swedish Debt Fund?

Unlike its oil rich neighbor Norway, Sweden does not have a sovereign wealth fund. However, the Swedes have a series of buffer funds. Sweden is in between Norway and Finland when it comes to government debt to GDP ratios. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. […]


Richmond Federal Reserve President Lacker to Resign, Source of Medley Leak

Richmond Federal Reserve President Jeffrey Lacker has immediately resigned. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Central Bank of Russia Opens Representative Office in Beijing

On March 14, 2017, the Central Bank of Russia established its first representative office in Beijing and its first abroad. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, April 1, 2017

There is a New Bank of Ghana Governor in Town Ghana President Nana Akufo-Addo brought on a new central bank governor. He hired Ernest Addison to be the new central bank governor of the Bank of Ghana. Addison replaces Abdul Nashiru Issahaku. Ernest Addison was Lead Regional Economist at the Africa Development Bank (ADB), in […]


SWFI First Read, March 25, 2017

Bloomberg Reports QIA to Move Domestic Assets to Qatar MoF Bloomberg reported the Qatar Investment Authority (QIA) will move roughly US$ 100 billion of its domestic portfolio to Qatar’s Ministry of Finance. SWFI cannot guarantee the accuracy of this move and is awaiting confirmation. UK FCA Reignites Investigation Regarding Barclays and Qatar The U.K. Financial […]


Once Scorned, Sovereign Investors Take Another Look at U.S. Banks

Remember when sovereign funds bailed out many of the large global banks during the 2007-2008 financial crisis. For several wealth funds, such as the Korea Investment Corporation (KIC), the massive bank bailouts have been a drag on annual portfolio performance. The Abu Dhabi Investment Authority (ADIA) even pursued litigation over Citigroup regarding its US$ 7.5 […]


Federal Reserve Hikes Rates for Third Time in 11 Years

In a move widely anticipated by global financial markets, the U.S. Federal Reserve decided to raise its benchmark lending rate a quarter point. This takes the overnight funds rate to a target of 0.75% to 1%. In addition, the Federal Reserve signaled two more interest rate increases this year. [ Content protected for Sovereign Wealth […]


Are Sovereign Wealth Funds Ready for Inflation?

Animal spirits have been released with the promise of less regulation, giving institutional investors renewed confidence in both stock and bond markets. Instead of just guessing what central banks are going to do, a number of sovereign investors are analyzing various real economies, collecting industrial data and studying growth projections. In fact, the gigantic Abu […]


SWFI Institutional Investor Forum 2017 – Scottsdale Slider 15

Ricardo da Costa Martinelli from the Brazilian Central Bank < PREVIOUS 16 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


SWFI First Read, March 7, 2017

PCA Quits Private Equity Consultant Contract at CalPERS, Retains Others The California Public Employees’ Retirement System (CalPERS) swiftly appointed Meketa Investment Group as the pension giant’s new private equity consultant. Meketa will advise on a massive, complex private equity portfolio. This move occurred when the Pension Consulting Alliance (PCA) abruptly resigned in the midst of […]


Mexican Debt Presents an Opportunity for Sovereign Wealth Funds

The Mexican peso had been bruised since the culmination of Donald Trump’s U.S. presidential victory on worries of trade flow changes and a border tax. The Mexican economy is highly-reliant on the United States for exports with trade renegotiations of North American Free Trade Agreement (NAFTA) being a center issue for the united Mexican states. […]


Bangladesh’s Aspiration for a Sovereign Wealth Fund

Bordering India, Bangladesh is a nation of 160 million people. The Bangladesh government artfully decided and gave initial approval to have a sovereign wealth fund for the country with authorized capital of US$ 10 billion. The matter was discussed at a cabinet meeting chaired by Bangladesh Prime Minister Sheikh Hasina. [ Content protected for Sovereign […]


turkey

More Companies Held by Treasury Transferred to New Turkish Sovereign Fund

According to Turkey’s official gazette, the Turkish government transferred its ownership stakes in a number of holdings to its new sovereign wealth fund called Turkey Asset Management Company, also known as Türkiye Varlık Fonu Yönetimi Anonim. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Central Bank of Venezuela Names Legislator as New Governor

The Central Bank of Venezuela, also known as Banco Central de Venezuela (BCV) has a new governor. Venezuela President Nicolas Maduro named Ricardo Sanguino as the new central bank governor, replacing Nelson José Merentes Díaz (Nelson Merentes). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]