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sovereign wealth fund

Qatar

Qatar plans $35B investment in US market

The Qatar Investment Authority (QIA), the Doha-based sovereign wealth fund of the world's richest nation by per capita income manages over $300 billion, has opened its office in New York and earmarked $35-billion investment over next five years in the US business opportunity.

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Saudi Arabia's Finance Minister Ibrahim Alassaf

Saudi finance minister says no need to create sovereign wealth fund

Saudi Arabia's finance minister said there was no need for the kingdom to create a sovereign wealth fund to manage its oil wealth, rebuffing suggestions by prominent officials and businessmen.

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Brokerage House in China

PCA Investments to close hedge fund after CIC takes out backing- sources

PCA Investments have decided to close a multistrategy hedge fund after China's sovereign wealth fund China Investment Corp withdrew its support, according to sources interviewed by Bloomberg.

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Time Warner Center

UAE sovereign wealth fund to invest with Singapore's GIC in Time Warner headquarters- source

The Abu Dhabi Investment Authority, the third largest investment sovereign wealth fund in the world, will be investing in the Time Warner Center together with Singapore's state fund GIC Ptd, according to a source interviewed by Bloomberg.

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Norway

Norway's DNB rejects prediction on real estate

Norwegian bank DNB ASA through its Chief Executive Officer Rune Bjerke rejected predictions on the country's housing market, saying that the claims were unfounded.

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Norway

Norway's USD800 billion wealth fund should invest in private equity and infrastructure - central bank governor

As the new administration under Prime Minister Erna Solberg reviews the current investment mandate of its USD800 billion wealth fund, top officials like Norway central bank Governor Oeystein Olsen were pushing for a diversification of investments.

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Ascendas

Singapore's Ascendas to raise SGD600 million to invest in Indian real estate

Singapore's Ascendas Pte Ltd. on Tuesday said it would raise SGD600 million (USD481.6 million) to invest in real estate in India. Singapore's sovereign wealth fund, GIC Pte Ltd. would be a principal investor in Ascenda's fund.

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Heathrow

Heathrow management criticizes plan to cap tariffs for users of facilities

The UK Civil Aviation Authority had recommended a cap on price increases, much to the chagrin of the Heathrow investment group.

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Harrods

Iconic Harrods to undergo renovation

The escalator at Harrods would undergo a major facelift and renovation.

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Mariott Hotel International

Marriott nearing completion of property sale to sovereign wealth fund

The sale of three Edition-branded properties are nearing completion according to Marriott CEO Arne Sorenson.

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MMX

MMX sells off shares in port to Trafigura and Mubadala

Eike Batista's MMX sold off its debt and partial stake to commodities trader Trafigura Beheer BV and sovereign wealth fund Mubadala Development Crop for the Sudeste port.

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Nigeria Sovereign Investment Authority

Nigerian Sovereign Investment Authority studies assets for investment purposes

The Nigerian sovereign wealth fund's head was in the process of determining among eight asset classes which one should be in the fund's portfolio.

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Norway

Norway approves Africa Israel Investments, Danya Cebus for sovereign wealth fund investment

Norway said its sovereign wealth fund could now include Africa Israel Investments and its subsidiary company Danya Cebus in its investment portfolio.

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Norway

Norway's sovereign wealth fund increases equity holdings share

The sovereign wealth fund of Norway said it increased its share of equity holdings from 62.4% to 63.4%.

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Kenyan Parliament 2013

Kenya to create sovereign wealth fund of mining companies

Kenya announced places to create sovereign wealth fund for mining companies and mining ventures.

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