Latest News for: Sovereign wealth

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How a $600 billion fund is building Saudi Arabia’s post oil future

Gulf News 28 Jan 2023
In a world where deep-pocketed investors are becoming harder to find, Saudi Arabia’s $600 billion sovereign wealth fund is spreading around the kingdom’s largesse as never before ... While traditional sovereign funds invest excess national wealth to generate profits in the future, ...
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BH Digital didn’t just get Dragonfly’s head of liquid strategies, it got the whole team

The Block 28 Jan 2023
Brevan Howard Digital didn't just hire Dragonfly's head of liquid strategies — it scooped up the whole team ... Brevan Howard manages over $30 billion in assets for institutional investors, such as sovereign wealth funds and corporate and public pension plans. © 2023 The Block Crypto, Inc ... ....
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Goldman Sachs slashes CEO's pay by 30 pc after bank's poor performance

Beijing News 28 Jan 2023
... "the firm's 2022 performance, both on an absolute basis and relative to peer results."The bank's chief executive since 2018, Solomon saw his pay docked in 2020 after Goldman admitted criminal wrongdoing for abetting the looting of Malaysia's sovereign wealth fund, NYT said.
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Goldman Sachs slashes CEO's pay by 30% after bank's poor performance

Khaleejtimes 28 Jan 2023
Solomon took home $25 million last year, the bank said in a filing Friday, down from $35 million a year earlier ... The bank's chief executive since 2018, Solomon saw his pay docked in 2020 after Goldman admitted criminal wrongdoing for abetting the looting of Malaysia's sovereign wealth fund, NYT said ... ALSO READ.
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Goldman Sachs slashes CEO's pay by 30% to $25 mn after bank's poor performance

Live Mint 28 Jan 2023
... wrongdoing for abetting the looting of Malaysia's sovereign wealth fund, NYT said.Solomon's pay cut also puts him behind Bank of America's chief executive, Brian Moynihan, who earned $32 million, and James Gorman of Morgan Stanley, who earned $31 million, according to filings.
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India weighs Norway funds decision to sell Bel shares

The Times of India 28 Jan 2023
Norway's sovereign wealth fund Norges Bank Investment Management, one of the world's largest, has divested its shares in Bharat Electronics Limited (Bel. ) for selling weapon systems to the Myanmar junta. The Indian government is studying the move made by the Fund as Norway is emerging as a key economic partner from northern Europe ... .
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EV maker Lucid surges on report Saudi PIF to buy remaining stake

Reuters 28 Jan 2023
The speculation originated from an "uncooked" alert attributed to deals website Betaville, using its term for market gossip. Lucid was the sixth-most traded stock on U.S ... The PIF, the sovereign wealth fund that owns more than 65% of Newark, California-based Lucid, did not immediately respond to a request for comment ... Our Standards ... Read Next.
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Former Investment Officer Of One Of The World's Largest Sovereign Wealth Funds Shares His Current Focus

MENA FN 27 Jan 2023
(MENAFN - Investor Ideas) Streetwise Reports sat down with –yvind Schanke, the chief investment officer of TD Veen and the former investment officer of one of the world's largest sovereign wealth ... .
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U.S. Senator Warren urges FTC to stop L3Harris deal to buy Aerojet

Reuters 27 Jan 2023
All are Democrats ... Our Standards ... DealscategoryGerman gas maker Messer in talks with sovereign funds over CVC JV buyout - Bloomberg News. German industrial gasmaker Messer SE is in talks with sovereign wealth funds to help finance a buyout of its joint venture with CVC Capital Partners, Bloomberg reported on Friday, citing unnamed sources.5.52 PM UTC.
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How a $600 Billion Fund Is Building Saudi Arabia’s Post-Oil Future

The Washington Post 27 Jan 2023
... billion sovereign wealth fund is spreading around the oil-rich kingdom’s largesse as never before.
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Marcos administration eyes sale of government assets to fund Maharlika

The Philippine Star 27 Jan 2023
The Marcos administration is considering selling some government assets to fund its proposed sovereign wealth fund ....
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EV maker Lucid surges on reports Saudi PIF to buy remaining stake

Reuters 27 Jan 2023
The PIF, the sovereign wealth fund that owns more than 65% of Lucid, did not immediately respond to a request for comment ... Our Standards ... Read Next ... ....
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'If someone wants to pay 20 billion, F1 is apparently worth it'

GP Blog 27 Jan 2023
Meanwhile, Saudi Arabia wants to buy�Formula 1 through a sovereign wealth fund for ...
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Euronext wheat eases after rally but still posts weekly gain

Reuters 27 Jan 2023
A U.S ... Our Standards ... Read Next ... DealscategoryGerman gas maker Messer in talks with sovereign funds over CVC JV buyout - Bloomberg News. German industrial gasmaker Messer SE is in talks with sovereign wealth funds to help finance a buyout of its joint venture with CVC Capital Partners, Bloomberg reported on Friday, citing unnamed sources.5.52 PM UTC.
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German gas maker Messer in talks with sovereign funds over CVC JV buyout - Bloomberg News

Reuters 27 Jan 2023
BERLIN, Jan 27 (Reuters) - German industrial gasmaker Messer SE is in talks with sovereign wealth funds to help finance a buyout of its joint venture with CVC Capital Partners, Bloomberg reported on Friday, citing unnamed sources ... group Praxair.Reporting by Victoria Waldersee, Editing by Louise Heavens. Our Standards ... Read Next ... Gallery ... ....

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AP / City of Memphis via AP
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Creative Commons / Ivan Radic https://creativecommons.org/licenses/by/2.0/deed.en
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AP / Russian Foreign Ministry Press Service via AP
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