Sovereign Wealth

Source: www.marketwatch.com --- 6 days ago
LONDON (MarketWatch) -- Siemens has held talks with Sovereign Wealth funds in the Middle East and Russia in a bid to expand its long-term investor base, according to a report in the Financial Times newspaper Thursday. Citing an interview with Chief Financial Officer Joe Kaeser, the newspaper said a deal could create new business opportunities for Siemens in fast-growing regions. Kaeser highlighted a General Electric deal, under which Mubadala will buy a stake in the company and create a $12 billion joint venture with its finance arm, as the sort of arrangement Siemens is interested in, the FT reported. ...

Source: seekingalpha.com --- 10 days ago
Macro Man submits: Here's a question for you: should concerns about moral hazard apply to central bank reserve managers and Sovereign Wealth funds? The question arises after recent comments from Yu Yongding , a former advisor to PBOC, suggesting that a failure to redeem GSE debt at par would be "catastrophic". Implicit in the comment was the threat "give us our money back or else." Now, the last time that Macro Man checked, no one stood with a gun to PBOC's head and told them to buy $50 billion a month to keep the RMB artificially weak. (He is willing to concede that Hu Jintao may well have done so, but it's not quite the same as Hank Paulson standing there with his finger on the trigger.) Similarly, Macro Man is not aware of any irresistible force that compelled Voldemort to buy Agency debt, thereby collecting the "free" yield premium over Treasuries. Complete Story » ...

Source: www.timesonline.co.uk --- 1 day ago
Sovereign Wealth funds around the world want to establish a trade body to represent and promote their interests with Western governments. ...

Source: www.thedeal.com --- 2 days ago
Racing to head off the drafting of legislation aimed at regulating them, Sovereign Wealth funds have come up with their own set of guidelines aimed at calming fears about their motives.... ...

Source: www.iht.com --- 2 days ago
Global Sovereign Wealth funds have reached a preliminary agreement on a set of voluntary principles to guide their investment practices and to calm fears about their motives. ...

Source: www.bnamericas.com --- 1 day ago
Members of the international working group of sove ...

Source: www.bnamericas.com --- 1 day ago
Brazil's government continues to move ahead with p ...

Source: www.topix.com --- 5 days ago
These principles cover areas of the legal framework, governance and institutional structures, and investment policies and risk management. ...

Source: www.swfradar.com --- 6 days ago
Thomson Reuters reports that, “Restrictions by the United States 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 United Arab Emirates [Sultan Nasser al-Suweidi] was quoted as saying on Thursday.” ...

Source: mbd.scout.com --- 11 days ago
I really don't know too much about them, but it seems more and more of the middle eastern ...

Source: pfblogs.org --- 11 days ago
Carl T. Delfeld submits: Temasek, Singapore's second-largest Sovereign Wealth fund, [SWF] is certainly doing far better than Singapore exchange-traded funds such as the iShares MSCI Singapore (EWS) that is down almost 17% year-to-date. The lesson is that it pays to play as a big boy with lots of cash and negotiating leverage.Complete Story » ... ...

Source: www.rgemonitor.com --- 2 days ago
Last week, the German cabinet approved a new takeover law which (primarily) has Sovereign investors especially those fromChina and Russia at target. The new law would make it easier to block acquisitions of more than a 25 percent stake in German firms by foreign entities not based in the EU if such a purchase might [...] ...

Source: news.bbc.co.uk --- 2 days ago
Sovereign Wealth funds - government-controlled investment funds - have agreed a voluntary code of conduct with the IMF. ...

Source: dealbook.blogs.nytimes.com --- 2 days ago
A working group of the International Monetary Fund said it reached a preliminary agreement on guidelines for Sovereign Wealth funds that invest abroad. It didn’t disclose specifics of the voluntary code of conduct, which is to be presented to I.M.F. members in October. Government-run funds in the Mideast and Asia have recently stepped up their investments [...] ...

Source: uk.reuters.com --- 2 days ago
SANTIAGO/WASHINGTON (Reuters) - Global Sovereign Wealth funds said on Tuesday they had reached a preliminary agreement on a set of voluntary principles to guide their investment practices and to calm fears about their motives. ...

Source: online.wsj.com --- 2 days ago
A group of major Sovereign Wealth funds reached a preliminary agreement on a draft of best practices to ensure transparency and good governance, the International Monetary Fund said. ...

Source: online.wsj.com --- 2 days ago
The IMF said the world's largest Sovereign-Wealth funds reached a "preliminary agreement" to follow principles for commercial investment. ...

Source: uk.reuters.com --- 4 days ago
TOKYO (Reuters) - China Investment Corp , the country's Sovereign Wealth fund, will start investing in Japanese equity markets by March, a Japanese newspaper reported on Sunday. ...

Source: uk.reuters.com --- 2 days ago
SANTIAGO (Reuters) - The International Monetary Fund said on Monday it was optimistic that "significant progress" was being made toward an understanding on investment practice guidelines by rich Sovereign Wealth funds, but some state-owned funds remain wary. ...