Archive | January, 2010

Qatar buys shares in Al Rayan for $52.5 mln

According to Maktoob, “The Qatar Investment Authority, or QIA, has acquired shares in Al Rayan Bank last year for 191 million Qatari riyals ($52.5 million), Doha-based Al Arab daily reports Thursday citing the bank’s financial statements. This is part of Qatar’s sovereign wealth fund’s plan to acquire 10% of the country’s largest shariah-compliant bank, the […]

Mumtalakat Holdings to move into bonds, stocks

Reuters reports, ” Bahrain’s sovereign wealth fund, which invests mostly at home, plans to diversify away from private equity projects and into stocks and bonds, its CEO said on Thursday. Talal Al Zain also told Reuters that Mumtalakat expects to receive a credit rating this year, which would allow it to tap capital markets for […]

NBIM Investment Presentation: Active Management

Below is a presentation on Active Management by Yngve Slyngstad CEO, NBIM The Three Most Important Active Decisions: The timing of benchmark changes Inflows and timing of moving from cash to financial assets Rebalancing decision when moving back to strategic assets weights Key Summary Points: Twelve years experience of managing the fund suggests that active […]

CIC Talks Energy Investments in Mexico and Brazil

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China seeks new ways to use FX reserves – official

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Petrobras Weighs Qatar Stake as Emirate Taps Reserves

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Tobacco producers excluded from Government Pension Fund Global

According to the Ministry of Finance – Norway, “The Ministry of Finance has decided to exclude 17 companies that produce tobacco from the Government Pension Fund Global (GPFG), based on a recommendation from the Fund’s Council on Ethics. The divestment of shares in these companies has now been completed. “When the Graver Committee proposed the […]

Kuwait, Areva ink nuclear cooperation deal, possible stake opportunity according to sources

According to BI-ME, “Kuwait and France on Thursday signed an initial agreement on nuclear cooperation that includes exchanging expertise on the field, the official news agency KUNA reported. The agreement encourages the peaceful use of atomic energy to bring in vital energy resources such as electricity, the report said, without providing any details of the […]

ADIA Interview: Handelsblatt

An excerpt from the interview, “ Question: So far ADIA has mostly bought up to 4.9 percent of companies’ stakes in order to avoid public notice. Can you imagine acquiring higher stakes in future and possibly getting seats on the boards? Public attention is not a factor in our investment strategy. We have no expertise […]

2010 UNC Alternative Investments Conference

Sponsored Conference 2010 UNC Alternative Investments Conference The Third Annual Alternative Investments Conference at UNC will be held on February 25, 2010 in Chapel Hill, NC. We have an incredible lineup of keynote speakers including David Bonderman from TPG, Mark Yusko from Morgan Creek Capital Management, and Mark Patterson from MatlinPatterson Global Advisers. We also […]

Macquarie has teamed up with the Canadian Pension Plan and the Abu Dhabi Investment Authority to bid for an electricity network in Britain

Reuters reports, the Sunday Telegraph, “cited unnamed sources as saying the consortium was working on a 4 billion pound ($6.4 billion) bid for a network, owned by French utility EDF, which distributes power to millions of homes in the south of England. Goldman Sachs and Lexicon Partners are advising the consortium, the paper said, adding […]

Areva to Sell Stake in Nickel Miner

Wall Street Journal reports, “Areva SA is poised to raise some €1 billion ($1.44 billion) by selling its stake in a French nickel-mining firm, people familiar with the matter said, in what would be the latest move by the French nuclear-power group to raise money for a vast nuclear plant renewal plan and expansion into […]