Archive | December, 2010

Top 10 Sovereign Wealth Fund Game-Changers of 2010

2010 was the comeback year for sovereign funds in terms of investments and asset value growth. We’ve seen expanded cooperation among sovereign funds in investing. Our staff has compiled a list of the top ten game-changers that will set the tone for SWFs in 2011. 10.) Sovereign Wealth Funds will continue to shed Western Financial […]


Norges Bank’s Foreign Exchange Purchases in January 2011

According to the press release, “Norges Bank will not purchase foreign exchange for the Government Pension Fund Global in January. The Fund’s foreign exchange requirements are partly met by the state’s direct financial interest in petroleum activities (SDFI) and partly by Norges Bank’s purchases in the market. The Ministry of Finance determines the size of […]


CIC’s Xie Says China’s Private Equity to Take ‘Different Path’

Bloomberg reports, “China’s private equity industry is “unique” because it’s dominated by the state and will follow a “different path” from overseas peers, said Xie Ping, a vice president at the nation’s $300 billion sovereign wealth fund. Entities that manage private equity in China and those that invest in such funds are primarily state-owned institutions, […]


Consortium Bids for ING Australian Industrial Fund

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Inmet Amends Subscription Agreement for Purchase of $500 million of Subscription Receipts by Temasek’s SWE

According to the press release, “Inmet Mining Corporation (“Inmet”) (TSX:IMN) announced today that it and Ellington Investments Pte. Ltd. (“Ellington”), an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited, have agreed to amend the subscription agreement between them under which 9,258,419 subscription receipts previously issued to Ellington can be exchanged for Inmet common shares. Under […]


Beijing’s SASAC to reorganize some SOEs in a new holding company, China Reform Holdings Corporation Ltd

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Temasek Still Invests in Financial Companies

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Indonesian Antitrust Authorities Are Evaluating Temasek Assets for Seizure

Bloomberg reports, “Indonesia’s anti-monopoly agency is evaluating Temasek Holdings Pte’s assets in the country and said the government has the right to seize them if a court-imposed fine isn’t paid. The Singapore state-owned investment company lost its final appeal in the Supreme Court on May 24 for violating antitrust laws, the Indonesian court said on […]


Press Release: New Companies added to the Sovereign Wealth Fund Strategic Index for H1Y2011

The SWFI Index Committee and Park Alpha has determined which constituents will be added or deleted for the first half of 2011.  None of the constituents were removed from the index.  Four companies were added to the index, bringing the total # of constituents to: 41 from 37.  This will take effect on 1/3/2011. New […]


Future Fund Joins in on Gatwick

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Singapore’s GIC and TPG Capital invest in Indonesian Coal Company

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SWF Strategic Index Weekly Update – Dec 17 2010

Download Sovereign Wealth Fund Strategic Index Weekly Update – Dec 17 2010 The SWF Strategic Index was down 1.36% since last Friday. Note in the coming week we will announce the additions and deletions to the Sovereign Wealth Fund Strategic Index for the next six months.


Qatari Diar throws in bid for London’s Olympic village

According to Arabian Business, “Qatari Diar, the real estate arm of Qatar’s sovereign wealth fund, has joined the race to buy and manage half of the Olympic Village in London. The state-owned firm plans to submit a joint bid with British property developer Delancey to buy up around half of the 2,800 homes at the […]


Mubadala and The Carlyle Group Strengthen Strategic Relationship; Mubadala Agrees to Increase Stake in Carlyle General Partnership

According to the Carlyle Group’s press release, “Mubadala Development Company, the Abu Dhabi-based strategic development and investment company, and The Carlyle Group, a global alternative asset manager, today announced an agreement for Mubadala to make an additional investment in the Carlyle general partnership. In exchange for the $500 million investment, Mubadala will receive from Carlyle […]


Bank of Korea to Entrust 3 Billion to the Korea Investment Corporation

The Bank of Korea will entrust $3 billion from foreign exchange reserves for the Korea Investment Corporation (KIC) to manage. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Mubadala and GE ties Grow Stronger

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Mubadala Oil & Gas and Yemen Company for Investment in Oil and Minerals Sign Memorandum of Understanding

According to the press release, “Abu Dhabi and Sana’a– Mubadala Oil & Gas and Yemen Company for Investments in Oil and Minerals (YICOM) announced today that they have signed a Memorandum of Understanding (MOU) on cooperation in the exploration and production sector of the oil and gas industry in the Republic of Yemen. The MOU […]


Sovereign Wealth Themes: Sovereign Wealth Funds make the case for Brazil

This 5 page report is avaliable for download for SWFI subscribers.  This report gives a brief overview on Brazil’s current situation and sovereign wealth fund involvement. Latin America is a premiere destination for economic growth. In this particular study we are going to purely focus on Brazil. Brazil is a South American country with a […]


E.ON to sell UK power distribution network-paper

Reuters reports, “German utility E.ON has granted a consortium of foreign bidders exclusive rights to make an offer for Britain’s second-largest electricity distribution network, the Sunday Times reported. E.ON has given a consortium comprising the Abu Dhabi Investment Authority, the emirate’s sovereign wealth fund, and Canada Pension Plan until mid-January to put together a firm […]


Russia’s National Welfare Fund further limits Sovereign Debt from At-Risk Countries

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