Managers of Wealth

Wealth fund to help Chinese companies invest

China Investment Corporation didn't disclose the exact amount of the fund, nor the industriesthe money may be injected into.

Emerging markets hold breath as EU banks shrink

In a striking indication of that concern, the International Monetary Fund said developments in the euro area pose a greater risk to the Asia-Pacific region than either a hard landing in China or a rise in commodity prices.

India may get own version of sovereign wealth fund

"The thinking within the ministry is that disinvestment proceeds could be used in a more productive way... Creation of a sovereign fund is being actively considered," said a senior finance ministry official.

Qatari wealth fund adds 5% Tiffany stake

Qatar’s sovereign wealth fund has made its first big investment in a US public company by acquiring a 5.2 per cent stake in Tiffany, the jewellery retailer known for its diamond rings and blue, ribboned boxes.

Sovereign wealth assets jump 16%

Some 57% of sovereign wealth funds invest in private equity — 46% through funds and 11% through direct investments.

RBS to offer philanthropy services in India

Rising level of prosperity and family-run businesses here provide a lot of opportunities in this space, she said.

Singapore sovereign wealth fund targets UK property

Singapore's sovereign wealth fund is preparing to buy up swathes of distressed properties in the UK with the launch of a £200m fund.

James Caan on the rise of Islamic finance

As a result, he is an expert at delivering the perfect pitch and getting his message across.

Investment management opinions of SWFs

The survey presents the results of the Deutsche Bank research chair’s foundation paper – a dynamic asset-liability management (ALM) model developed to guide asset allocation and risk management decisions at the SWF level, and describes the res

Can Brics rival the G7?

When Dilma Rousseff, Dmitry Medvedev, Manmohan Singh, Hu Jintao and Jacob Zuma gather for the fourth Brics summit in Delhi on 29 March, can they go beyond the statements of their past meetings?

Canada To Allow Wealth Funds To Invest In Its Financial Institutions

The Canadian government said Thursday it plans to introduce legislation to allow foreign and domestic sovereign-wealth funds to invest in Canadian financial institutions

China's sovereign wealth fund eyes investments in Ireland

A subsidiary of China's sovereign wealth fund yesterday signed a memorandum of understanding with Dublin's debt agency to explore investment opportunities in Ireland, but gave little detail on what it might be interested in.

Deutsche Bank recognized as Best Islamic Trustee / Custodian by Islamic Finance News

The Islamic Finance News 2011 Best Banks Poll takes an unbiased and all-encompassing approach in selecting the best banks in the world.

China wealth fund nears buying assets in Poland

Warsaw, looking for buyers for state assets, has recently reached out to Chinese players to bring funds to Poland, giving the Asian giant an opportunity to test the investment waters in the real economy in Europe.

Is China broadening its interest into white wine?

Figures from Vinexpo and seen by The Drinks Business, show that by 2015 white wine consumption in China could grow by a further 70 per cent.

Asia CEOs Look to Europe for Takeovers: Citi

The number of deals the New York-based bank is working on involving Asian companies has jumped about 25 percent from a year ago, driven by clients seeking opportunities in Europe, Latin America, Africa and Canada, said Colin Banfield, Citigroup’s h

Qatar’s Sovereign Wealth Fund Buys Credit Suisse’s London Office Building

The Daily Telegraph reported last month that the sale-and- leaseback deal was valued at about 330 million pounds ($523 million). The newspaper didn’t cite anyone.

Abu Dhabi fund eyes sale of $1.3 bln Malaysia bank stake - sources

The fund had engaged in early talks with Japan's Sumitomo Mitsui Banking Corp (SMBC), they said.

Dubai abandons $10bn debt restructuring

Dubai's government has walked away from the $10bn (£6.3bn) debt restructuring of one of its biggest conglomerates, leaving creditors, including the Royal Bank of Scotland (RBS), with exposure to potentially big losses.

Qatar wealth fund snaps up prime Canary Wharf property

The wealth fund is Credit Suisse’s second biggest shareholder, with a six percent stake.