Connect with us

SWFI – Movers and Shakers – January 7, 2016

Published

on

Schroder Real Estate Names Fukui Director of Strategic Partnerships

Makoto Fukui was hired as director of strategic partnerships at Schroder Real Estate, a unit of Schroder Investment Management. He will report to Chris Ludlam, Schroder’s head of real estate capital and be based in London. This is a new position. Fukui will focus on building strategic relationships with large investors such as pensions, real estate managers and sovereign wealth funds. Fukui comes directly from Yakumo Real Estate, a London-based real estate consultancy he formed. in September 2015. Fukui had a 19-year career at Mitsui Fudosan, a Japanese real estate company.

Gorman Decides to go with Kelleher as Successor

Gregory Fleming, co-President of Morgan Stanley, has stepped down. In October, Fleming’s responsibilities were narrowed. Morgan Stanley CEO James Gorman appointed Colm Kelleher to be the company’s sole president. Gorman announced publicly that he plans to remain as CEO for at least 5 more years. Kelleher will move back to New York for his new position. He joined Morgan Stanley in 1989.

GIC Names Global Coordinator on Credit Opportunities

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

Nomura and CIC Contemplate Joint Investment Fund

Published

on

Japan-based Nomura Holdings is in talks with the China Investment Corporation (CIC) on forming a new investment fund. The fund could be receive commitments up to US$ 1 billion. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Temasek Holdings Dumps More of Celltrion

Published

on

On October 22, 2018, Singapore’s Temasek Holdings, through its sovereign wealth enterprise (SWE) Ion Investments, entered into its second block deal in selling shares in Celltrion, a South Korean bio-pharmaceutical company. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Alleged Fraud, Data Breaches, and Bias, Plague Facebook

Published

on

In an unfortunate break for Facebook, the true nature of its data breach is more troubling than previously believed. The social media giant revealed that its headline-topping security breach, which affected 29 million accounts, compromised personal information and seemingly confidential contact information. The FBI is said to be investigating. In September 2018, the story broke that user content, email, and phone numbers, along with personal profile information, was swiped from the site. Facebook has admitted the problem, but stopped short of offering users an apology. The U.S. Federal Trade Commission (FTC) and the Irish Data Protection Commission have questioned Facebook on the matter.

Access Tokens

At the root of the breach were Facebook “access tokens.” These are digital keys that give sites access to keep users logged in and to recognize them upon entry. Unknown hackers reportedly stole these access tokens for 400,000 people. They then used “friends lists” to steal tokens from their networks. Facebook did not shy away from noting that unauthorized access “included username, gender, locale/language, relationship status, religion, hometown, self-reported current city, birthdate, device types used to access Facebook, education, work, the last 10 places they checked into or were tagged in, website, people or Pages they follow, and the 15 most recent searches.” This is, clearly, a staggering amount of personal information and a black eye for the corporation.

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

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.