Connect with us

Janet Yellen Wins #1 on Public Investor 100-2015

Published

on

Janet Yellen

Janet Yellen

SWFI Staff has released the Public Investor 100. She ranks 1 out of 100 for the SWFI Public Investor 100 – 2015.

To see the full rankings

The September head fake by the Federal Reserve on interest rates took many notable economists by surprise. Macroeconomists and investment strategists have experienced a challenging endeavor analyzing Janet Yellen’s “fedspeak.” Back in August, The Wall Street Journal surveyed economists over a 5-day span. According to a survey, 82% believed the Federal Reserve’s first rate increase would have come in September. Conversely, 13% believed the Federal Reserve would wait till December. At this point, Yellen’s been conservative in her bid to eventually raise interest rates. Under her leadership, the board has increased contentions on raising rates, as deciphering economic data and job growth figures are dizzying in an era of QE-backed policy. Yellen is a consensus builder, a trait which will translate into an administration that will take thought-out bets on monetary policy.

Yellen, who took the reins from Ben Bernanke, won the role from Lawrence Summers, the former Treasury Secretary. To some, Summers was abrupt and at times polarizing, which played into Yellen’s favor, as she was more discreet and conciliatory. Yellen was able to gain some senatorial Republican support. Yellen’s duties remain the most influential and important posts in regard to global finance and investments – the center of her agenda is the real economy. Known by peers and colleagues for being prudent, Yellen brings a diverse background to the Fed chair role. Most notably, she is the first woman to hold the position. In addition, Yellen was chair of the White House Council of Economic Advisers during U.S. President Bill Clinton’s administration. After the Clinton era, she returned to UC Berkeley. In 2004, Yellen became president of the Federal Reserve Bank of San Francisco. After Barack Obama’s inauguration, by 2010, Yellen was positioned as vice-chair of the Board of Governors.

What makes Yellen tick? We know that she is influenced by many notable economist, including, and most especially, John Maynard Keynes has profoundly impacted her way of thinking. Keynes idea of governments being able to puppet interest rates, modify government spending and taxes for the sake of preventing depressions linked to moden capitalism resonated with Yellen.

Mergermarket Gets Ready to be Sold

Published

on

Private equity firm BC Partners hired Goldman Sachs Group Inc. and JPMorgan Chase & Co. to advise on the sales of Acuris. Acuris is a collection of financial news and data sites, which includes Mergermarket, Dealreporter, and Debtwire. In 2017, BC Partners sold around a 30% stake in GIC Private Limited.

Before the rebranding to Acuris, Mergermarket was part of The Financial Times Group until 2013 when it was sold off to BC Partners.

Continue Reading

Why Japan Post Sees Promise in Aflac

Published

on

Aflac Inc. is an American insurance company founded in 1955. The company is the biggest provider of supplemental insurance in the United States. Aflac also has major operations in Japan.

In December 2018, Japan Post Holdings (JPHLF) signaled it was spending US$ 2.64 billion for a 7-8 % stake in Aflac. The goal is that, in four years time, Aflac will become an affiliate of Japan Post. Japan Post hopes to accomplish this by becoming the largest voting shareholder of the company. The world’s 13th largest company, with 400,000 employees, Japan Post needs to expand to chase further growth, mainly because Japan Post expects the postal business to decline. Diversification is seen as the optimal route to long term stability for the holding company. Japan’s economy is worrying. Japan’s aging population means that many insurance companies are facing a shrinking customer base, Japan Post settled on a plan to expand overseas.

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

RDIF and Development Agency of Serbia Agree to Explore Joint Investments

Published

on

The Russian Direct Investment Fund (RDIF) and the Development Agency of Serbia, also known as Razvojna agencija Srbije, reached an agreement to work together to identify attractive investment projects to strengthen bilateral economic ties and increase investment flows between Russia and Serbia. Russian capital and businesses are keen on investing in Serbia.

In addition, the two countries signed an agreement to cooperate on civil nuclear energy, according to state-owned Russian reactor builder Rosatom (Rosatom State Nuclear Energy Corporation). Rosatom continues to expand it business of nuclear cooperation deals in a wide number of countries.

Continue Reading

Popular

© 2008-2018 Sovereign Wealth Fund Institute. All Rights Reserved. Sovereign Wealth Fund Institute ® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. No affiliation or endorsement, express or implied, is provided by their use. All material subject to strictly enforced copyright laws. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. SWFI is a minority-owned organization.