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Former Malaysian PM Arrested in 1MDB Investigation

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Former Malaysian Prime Minister Najib Razak has been arrested in linkages to an investigation into 1MDB. He was arrested in Kuala Lumpur. Charges expected to hit against the former Malaysian leader include embezzlement and bribery with government money. He has consistently denied wrongdoing.

Razak is the sixth prime minister of Malaysia. Razak recently lost the presidential election to Mahathir Mohamad.

Blackstone Defeated on Investa Office Fund Bid

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The Blackstone Group threw in the towel on a bid to take over the Investa Office Fund, a vehicle that owns prized Australian office properties. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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Temasek’s Bond Expected to Lure Retail Investors

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Singapore’s Temasek Holdings, through its subsidiary Temasek Financial (IV) Private Limited, is planning a 5-year bond that aims to yield 2.7% for retail investors. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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QIA Becomes the Largest Shareholder in Colonial

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The Qatar Investment Authority (QIA) became the biggest shareholder of Inmobiliaria Colonial, SOCIMI, S.A. (Colonial), a Spanish listed real estate company. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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