SWFs wary of hidden emerging market exposureSovereign wealth funds (SWFs) see emerging market turbulence as a long term buying opportunity, but are wary of excessive exposure via some of their Western holdings such as luxury goods makers, a top investment official at Franklin Templeton sa More… |
Bahrain Mumtalakat ranks high on key indexBahrain Mumtalakat Holding Company has maintained its high ranking for transparency in the independent Linaburg-Maduell Transparency Index issued by the Sovereign Wealth Funds Institute (SWFI). Placed in the top tier of its global peers, t More… |
ME funds powering London property marketThe sovereign wealth funds (SWFs) and cash-positive pension funds from Middle East and Asia are an emerging force behind the high level of global capital flowing into the Central London commercial real estate market, said a report. Central More… |
Mideast upheaval signals sovereign fund rethinkPopular revolts across the resource-rich Middle East and North Africa may transform the management of windfall oil wealth, potentially denting national balance sheets, boosting inflation and disturbing world markets. The region's state More… |
BP approaching SWFs over strategic stakeBritish oil company BP has aproached sovereign wealth funds with a view to securing a strategic investor to fend off takeover bids while it deals with its massive US oil spill, a senior UAE source said on Tuesday. BP executives have held t More… |
Sovereign fund assets shrink to $3 trillionValue of assets held by the world's sovereign wealth funds fell to $3 trillion this year from $3.6 trillion at end-2007 as the credit crisis nearly halved their equity portfolio, according to Deutsche Bank. The German bank's report on stat More… |
Wealth funds call for fresh action planHeads of sovereign wealth funds which control $3 trillion of assets opened a meeting in Kuwait, with a call for co-ordination in the face of the global economic meltdown. 'This crisis places an extra pressure on our group to have incre More… |
US rules 'may deter sovereign funds'Restrictions by the US and others may lead sovereign wealth funds to invest closer to home instead of in the West, the head of the central bank for the UAE said. According to a document in bullet-point form quoting UAE central bank governo More… |
Be vigilant about SWFs, says USA senior US official has expressed concern over the recent rapid increase in the number and asset size of sovereign wealth funds (SWFs). “Despite the clear benefits of open investment policies, there is rising protectionist sentiment globa More… |
G7 to debate transparency in sovereign fundsJapan said on Tuesday that Group of Seven finance leaders will discuss this week the transparency of government investment funds. Often dubbed sovereign wealth funds, they have recently grown in number and size as central banks in Middle E More… |