03/02/2015
A trio of London’s best-known hotels are facing a bidding war after a Middle Eastern sovereign wealth fund made a £1.6bn offer to take them over, in a move that could resolve an acrimonious dispute.
03/02/2015
Abu Dhabi Investment Authority has launched a £1.6 billion takeover bid for the Maybourne Hotel Group
03/02/2015
Here we take a look at where state-backed funds are putting their cash to work over the last few months.
02/02/2015
The fund paid 190.6 million pounds ($287.41 million) for the Queensberry House at 3-9 Old Burlington Street in London, where it is also a tenant.
01/29/2015
Standard & Poor’s is considering downgrading Greece’s credit. The ratings agency is concerned whether Greece can continue to service its debt.
12/15/2014
Ahmed Al-Sayed, the Qatari dealmaker who played a pivotal role in some of the Gulf state’s biggest overseas investments, has been replaced as chief executive officer of the nation’s $100 billion sovereign-wealth fund.
12/15/2014
This is the fourth time the tower has changed hands in seven years.
12/14/2014
Ron Dennis is set to become the majority shareholder in McLaren
12/10/2014
Sovereign wealth funds are known for their sophistication and long-term time frame, so it shouldn’t be a surprise to learn that they were highly active picking up bargains during the European debt crisis.
11/25/2014
More generally, countries should look to boost long-term growth rates by accelerating structural reforms aimed at boosting productivity.
11/17/2014
Some state-owned wealth funds had come under domestic pressure after losing an estimated $80 billion at the height of the financial crisis by investing in beleaguered Western banks.
11/12/2014
The changing face of European football continues apace, taking on a distinctly Middle Eastern flavour
11/11/2014
Are Sovereign Wealth Funds About to Take Over European Soccer?
Fans of European, and especially English, soccer have become used to a particular type of face in the crowd over the last decade — the face of the foreign billionaire club owner.
10/30/2014
Bernard Arnault’s personal taste in art is “very elegant, very bourgeois”
10/10/2014
Sovereign wealth fund to Buy BofA’s London Offices
Wealth fund formed a new real estate group in July
10/07/2014
Bank 'charmed LIA employees' to make a series of trades worth $1bn that ultimately proved worthless
10/07/2014
This follows a ruling by a U.S. court that two hedge funds not party to Argentina's debt restructuring were entitled to full payment. The decision put Argentina in default because it refused to pay the funds.
10/06/2014
In September this year, Norway’s sovereign wealth fund, in one giant swoop paid US$ 1.5 billion for minority interests in two Boston properties and the former Citigroup Center in Manhattan.
09/23/2014
Norway’s $880 billion sovereign wealth fund, the world’s largest, said traditional global indexes are no longer an appropriate model on which to base its investments.
09/08/2014
The Federal Reserve recently made clear it is planning to maintain its enormous balance sheet—roughly $4.5 trillion in Treasurys and mortgage-backed securities—for many years, while keeping interest rates near zero at least into 2015.