Latest News for: Sovereign wealth


Mubadala, Brunei’s Sovereign Wealth Fund look to pick up a slice of Manipal Hospitals

The Economic Times 28 Sep 2023
Temasek owned Sheares Health, is in advanced negotiations to sell 8-9% of its 59% interest in Manipal Health Enterprises to Abu Dhabi' fund Mubadala and the sovereign wealth fund of Brunei, Brunei Investment Authority (BIA), said people in the know ... .

MIIF to invest an initial $32.9 million into Ghana’s first lithium mine

B & FT Online 28 Sep 2023
Edward Nana Yaw Koranteng, the Chief Executive Officer of MIIF told journalists at the Africa Down Under Event in Perth, Australia that “MIIF is a statutory minerals sovereign wealth fund with a focus on supporting the growth of mining in Ghana, but its operations also provide a de-risking option for investors in the mining space.

Temasek unit raises $3.3 bln in flagship fund investing in China

Reuters 28 Sep 2023
The Singapore-based asset manager said in a statement the True Light Fund I secured capital from global investors including sovereign wealth funds, foundations, financial institutions, and family offices ... over trade, technology and relations with Taiwan ... Our Standards ... , opens new tab ... HSBC to acquire Citigroup China consumer wealth business -sources.

Will Gulf Sports Diplomacy Hit Choppy Waters?

The Algemeiner 28 Sep 2023
Ownership of Newcastle by Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), could prove to be the most vulnerable ... structures behind clubs, including complex ownership structures, private equity and funds, sovereign wealth funds, and fan-owned clubs.”.

MIC's board member positions attract numerous applicants

Manila Bulletin 28 Sep 2023
The Advisory Body for the Maharlika Investment Corp. (MIC) has received a considerable number of applications for the six vacant positions on the board of directors of the sovereign wealth fund ... Budget Secretary Amenah F. Pangandaman told Manila Bulletin that their deliberations will take place on Friday, Sept. 29 ... 27 ... Finance Secretary Benjamin E ... .

Global financial landscape and the role of emerging economies

Blitz 28 Sep 2023
In the face of these challenges, insurance companies, pension and provident funds, and sovereign wealth funds are the most likely institutions willing to take higher risks ... Sovereign wealth funds, with over $10 trillion in global assets, have only recently shown a greater willingness to embrace higher risks in alternative assets ... ....

The great fraud: he's as shady as he looks

Democratic Underground 28 Sep 2023
CHRIS LEHMANN ... That case is scheduled to begin October 2, and will likely run into December ... It’s fitting that Trump should resort to this postmodernist denial of objective truth in the defense of a business fortune that’s largely made up of highly leveraged debt, public-sector subsidies, and shady sovereign wealth support ... .

Schott Pharma prices IPO at 27 euros per share

Reuters 28 Sep 2023
Cornerstone investor Qatar Holding LLC, a subsidiary of sovereign wealth fund Qatar Investment Authority, has agreed to buy up to 200 million euros worth of shares sold in the offering, which would account for nearly 4.9% holding in Schott Pharma ... Earlier this month, the company said it was aiming for a valuation of 4.3 billion euros ... Our Standards.

Surging oil prices could cause demand to crumble, forcing Saudi Arabia to take its 'foot ...

Business Insider 28 Sep 2023
A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh ... That's as excessively high prices may cause demand to collapse, he added ... That's as the kingdom's sovereign wealth fund plans to spend $40 billion annually on domestic investments, which includes the construction of a futuristic city called Neom ... ....

Qraft Technologies Announces Simon Lee as Managing Director of Business Development

Hastings Tribune 28 Sep 2023
Prior to joining Qraft, Lee held key roles at prominent asset management firms and fintech entities, including Head of Institutional Business at CSOP Asset Management Limited in Hong Kong, Portfolio Manager at SAFE Investment Company Limited (Hong Kong branch of China’s Sovereign ...

Interest in Sustainable Investing Continues to Grow for Institutional Investors

The Eagle-Tribune 28 Sep 2023
The firm’s collective investment solutions, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

Saudi Arabia wants to become a force in electric-vehicle manufacturing

Economist 28 Sep 2023
His country was not just building a new automotive company, he gushed, it was “igniting a new industry” ... \nCeer, a joint venture between the Saudi sovereign-wealth fund and Foxconn, one of the world’s biggest electronics manufacturers, is working with bmw, a German carmaker, to produce electric cars in Saudi Arabia ... ■ .

MIIF will invest GH₵300m in Ada-Songor Salt project

B & FT Online 28 Sep 2023
encourages Electrochem to list on GSE ... The forum was themed ‘MIIF as a lever for development in Ghana, investing in a responsible, transparent, accountable manner to secure the future wealth for Ghana’. MIIF is the state’s minerals sovereign fund established by the Minerals Income Investment Fund Act, Act 978 ... ....

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Nadine Menendez, leaves federal court with Sen. Bob Menendez, Wednesday, Sept. 27, 2023, in New York. Menendez and his wife pled not guilty to federal charges alleging he used his powerful post to secretly advance Egyptian interests and carry out favors for local businessmen in exchange for bribes of cash and gold bars.
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President Joe Biden participates in a roundtable with CEOs and Governors in support of the Bipartisan Innovation Act, Wednesday, March 9, 2022, in the South Court Auditorium in the Eisenhower Executive Office Building at the White House.
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EU Ministers of General Affairs meet on 13 December 2022 in Brussels. The meeting is chaired by Mikuláš BEK, Minister for European Affairs of the Czech Republic. The Council agrees a general approach on the regulation on the transparency and targeting of political advertising; and continue preparations for the European Council meeting on 15 December 2022.
European Union