Policy

Mubadala Seeks to Raise Debt Capital

Abu Dhabi’s Mubadala Development Co. has hired a trio of banks for a bond sale. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Norway SWF Reports First Quarter Loss in 2016

Norway’s Government Pension Fund Global (GPFG), posted a -0.6% return for the first quarter of 2016, losing 85 billion NOK. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Maduell on CNBC: This is Where Sovereign Wealth Funds are Investing

This is an interview with Michael Maduell on Squawk Box via CNBC Asia. To play the VIDEO, go to CNBC Asia here CNBC interview: “More sovereign wealth funds are investing in real estate which is considered a more stable, long-term investment, says Michael Maduell from SWFI.” Date: April 27, 2016


Temasek Restructures Organization, Names Appointments

Singapore’s Temasek Holdings has realigned its organizational structure to address headwinds in global markets. According to a press release, CEO of Temasek International, Lee Theng Kiat, said, “On the institution front, we will use the opportunity to further build agility, alignment, and accountability, as we continue on our journey to being a high-performing global organisation.” […]


Oman SGRF Goes with Nasdaq BWise on ERM Offering

Oman’s State General Reserve Fund (SGRF) selected Nasdaq BWise to support their enterprise risk management (ERM) processes based on the principles of the COSO ERM methodology. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


The Most Lucrative Mandates from GPIF for FY2014

Japan’s Government Pension Investment Fund (GPIF) trimmed two members from its investment advisory committee. The committee is legally only allowed to have up to 11 members, which is overseen by Japan’s Welfare Ministry. Two members that were not renominated are Yasuhiro Yonezawa and Sadayuki Horie. On another note, see the most lucrative mandates by external […]


GIC Reorganizes Senior Roles

Singapore’s GIC Private Limited announced a reorganization of senior roles and the creation of new positions. These changes will take effect from June 1, 2016. According to the press release, Lim Siong Guan, Group President of GIC, said, “The new senior appointments enhance the development of a strong leadership bench for GIC, allowing us to […]


Japan’s GPIF Builds Registration System for Foreign Equity Managers

Japan’s Government Pension Investment Fund (GPIF) is building its own investment manager database. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


RABBIT HOLE: IPIC Says 1MDB is in Default After Missed Payment

Abu Dhabi’s International Petroleum Investment Company (IPIC) stated that its agreement to provide financial support to Malaysia’s 1Malaysia Development Berhad (1MDB) has been terminated. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


KIC Appoints Kim Sang-joon as Chief Operating Officer

As the new CEO at the Korea Investment Corporation takes helm, the executive management team shuffle has begun. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Friday SWFI News Roundup, April 15, 2016

Beroutsos to Step Down at CDPQ The Caisse De Dépôt Et Placement Du Québec (CDPQ) mentioned that Andreas Beroutsos, executive vice president, private equity and infrastructure, has decided to step down. He will remain to represent CDPQ on a number of boards. Saudi Binladin Group Taps Morgan Stanley Executive [ Content protected for Sovereign Wealth […]


Texas Permanent School Fund Backs Asian Credit Fund

The Texas Permanent School Fund (TPSF) plans to allocate US$ 75 million to Kildare European Partners II, a private equity fund managed by London-based Kildare Partners.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


REPORT: How Saudi Arabia Can Have the Largest Sovereign Wealth Fund

Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman, son of King Salman and a chief political powerbroker, revealed publicly that the Kingdom of Saudi Arabia intends to have a colossal sovereign wealth fund, in addition to the current massive pool of foreign reserves being managed by the Saudi Arabian Monetary Agency (SAMA). Some estimates see […]


NSSF Could Manage a Larger Pool of Assets

Pension reform in China is coming. On March 28th, China’s State Council published rules to clarify the roles of its social security fund. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Follow the Money – Episode 6

This podcast covers activities in the first week of April. The big story is Norway’s sovereign wealth fund updated policy on real estate and unlisted infrastructure. Follow the Money Show is available on asset.tv on the Asset Owner Channel. EPISODE 6 – April 5, 2016


state street

Former State Street Execs Indicted by DOJ, Defrauded Sovereign Wealth Fund

Two former State Street executives have been indicted by the U.S. Department of Justice (DOJ). Custodial giant State Street has been entangled in several notable cases with the government such as overcharging clients for foreign exchange trading services and pay-to-play charges in the state of Ohio. [ Content protected for Sovereign Wealth Fund Institute Standard […]


CDP Reorganizes Italian Strategic Fund

The Fondo Strategico Italiano Spa (FSI), also known as the Italian Strategic Fund, is being reorganized by Cassa Depositi e Prestiti (CDP). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


BlackRock NY

State Street and BlackRock: Reportedly Layoffs Pending

A great number of asset management firms are putting the brakes on certain areas of global expansion, while cutting spend in conferences and marketing. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


First Quarter 2016 – Sovereign Wealth Quarterly Available for Download

SWFI released its first quarter 2016 publication of the Sovereign Wealth Quarterly. Print issues are being mailed out. Some key topics included in the quarterly are: direct investments, Indian investment platforms, real assets, legal updates and much more. Only SWFI Subscribers Can Download Issues of the Sovereign Wealth Quarterly Download | View Past Quarterlies Online […]


Panama SWF Signs Technical Cooperation Deal with The World Bank

On March 18th, Fondo de Ahorro de Panamá (FAP), the country’s sovereign wealth fund, and the Treasury of the International Bank for Reconstruction and Development, signed a technical cooperation agreement under the World Bank Treasury’s Reserve Advisory and Management Program.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. […]