Accor Acquires Luxury Hotel Brand Chain

Khazanah Nasional | Sovereign Wealth Fund Institute

The concept of economies of scale has been a key driver regarding the recent trend of mega hotel chain mergers. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

2015-12-10 00:46:07  

Alaskan Governor Bill Walker Announces Plan for Addressing Deficit

Khazanah Nasional | Sovereign Wealth Fund Institute

  Alaska’s state finances have been haunted by chronically low oil prices. Alaskan Governor Bill Walker (I) issued a long presser describing plans for trying to plug the state’s US$ 3 billion some-odd deficit. Governor Walker proposes reshuf

2015-12-09 23:25:54  

Alaska SWF Backs New SSgA Smart Beta Funds

Khazanah Nasional | Sovereign Wealth Fund Institute

Increasingly, sovereign wealth funds and pensions are embracing the usage of factor-based investing or smart beta. State Street Global Advisors (SSgA) has US$ 81 billion in assets under management when it comes to smart beta offerings. SSgA devel

2015-12-09 17:53:24  

Middle East SWF Backs UK Private Rented Sector

Khazanah Nasional | Sovereign Wealth Fund Institute

Listed property developer Sigma Capital Group plc is indirectly getting financial backing from a large Middle Eastern sovereign wealth fund regarding 900 new rental units across ten sites in the North West of England. [ Content protected for Sove

2015-12-09 17:32:32  

Battery Ventures Woos U.S. Pensions

Khazanah Nasional | Sovereign Wealth Fund Institute

Waltham-based Battery Ventures it looking to raise a staggering US$ 950 million for two companion venture capital funds. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

2015-12-09 16:54:30  

The Sovereign Wealth Fund Lending Game

Khazanah Nasional | Sovereign Wealth Fund Institute

On December 8th, Morgan Stanley tactically announced plans to eliminate 1,200 jobs. 470 of those jobs belonged to bond and commodity traders and salespeople. More bad news. In the third quarter, Morgan Stanley posted a 42% fall in fixed income tr

2015-12-09 09:09:21  

Institutional Giants Lineup for Postal Savings Bank

Khazanah Nasional | Sovereign Wealth Fund Institute

Postal Savings Bank of China Co., one of the largest retail banks in China, has attracted foreign institutional investors. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

2015-12-09 06:17:53  

Will CPPIB Make a Move on American Capital?

Khazanah Nasional | Sovereign Wealth Fund Institute

Bethesda-based American Capital, Ltd, a publicly-traded private equity firm and asset manager, is facing shareholder pressure as its stock is continually underperforming its peers in a number of financial ratios. American Capital is looking to sp

2015-12-08 11:08:14  

CalPERS Enters Bid for AXA Equitable Center

Khazanah Nasional | Sovereign Wealth Fund Institute

The California Public Employees’ Retirement System (CalPERS) is on the hunt for core real estate, mimicking its peers like Singapore’s GIC Private Limited, CPPIB and Norges Bank Investment Management (NBIM). [ Content protected for Sovereig

2015-12-08 09:37:48  

SWFI First Read, December 8, 2015

Khazanah Nasional | Sovereign Wealth Fund Institute

SL Green Buys the Rest of 600 Lexington Avenue SL Green Realty Corporation, the largest commercial property owner in New York City and a real estate investment trust (REIT), agreed to acquire a 45% indirect stake in 600 Lexington Avenue from Cana

2015-12-08 08:23:00  

BOOM: Dell to Acquire EMC for $67 Billion

Khazanah Nasional | Sovereign Wealth Fund Institute

The biggest pure technology company merger of all-time is occurring as Dell Inc. has formally agreed to acquire network storage giant EMC Corporation for approximately US$ 67 billion. Under the deal terms, EMC shareholders would sell at approxima

2015-10-12 17:17:35  

A Key Argument Against Sovereign Funds Spending More is Evaporating

Khazanah Nasional | Sovereign Wealth Fund Institute

  According to the Sovereign Wealth Fund Transaction Database (SWFTD), which tracks direct sovereign fund and pension transactions, wealth funds in the first half of 2015 invested more capital compared to the first half of 2014. In the initi

2015-10-12 10:49:44  

Diamond Demand Falls, Pula Fund Looks to be Tapped

Khazanah Nasional | Sovereign Wealth Fund Institute

With the prices of rough diamonds falling, Botswana’s Pula Fund and reserves face some liquidation. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

2015-10-12 10:49:19  

3 Brilliant Ways Sovereign Funds Are Diversifying

Khazanah Nasional | Sovereign Wealth Fund Institute

With the growth of sovereign wealth fund assets slowing down due to low commodity prices, sovereign investors have been re-adjusting their portfolio strategies. For example, the Abu Dhabi Investment Authority (ADIA) have augmented hiring in the a

2015-10-11 21:14:02  

SWFI First Read, October 11, 2015

Khazanah Nasional | Sovereign Wealth Fund Institute

BlackRock Hires Robeco’s Chief Risk Officer BlackRock has hired Robeco’s chief risk officer to be its head of institutional client business for the Benelux region. Monique Donders will join BlackRock. Donders is also a former professo

2015-10-11 17:23:36  

Angela Rodell Named CEO of Alaska Permanent Fund

Khazanah Nasional | Sovereign Wealth Fund Institute

The Alaska Permanent Fund Corporation (APFC) board of trustees selected Angela Rodell as its new CEO. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

2015-10-10 02:15:40  

LOW IMPACT: CA Gov Forces CalSTRS and CalPERS to Drop Coal

Khazanah Nasional | Sovereign Wealth Fund Institute

On October 8th, 2015, California Governor Jerry Brown signed into law State Bill 185. This bill requires the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS) to di

2015-10-09 17:23:52  

Alaska Permanent Fund Appoints Acting CIO

Khazanah Nasional | Sovereign Wealth Fund Institute

The Alaska Permanent Fund Corporation (APFC) named Jim Parise acting chief investment officer. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

2015-10-09 02:12:12  

Friday SWFI News Roundup, October 9, 2015

Khazanah Nasional | Sovereign Wealth Fund Institute

TA Associates to Acquire Russell Investments Private equity firm TA Associates is acquiring Russell Investments’ money management and investment consultant businesses from the London Stock Exchange Group (LSEG) for US$ 1.15 billion in cash. New Y

2015-10-08 23:14:22  

Bill Gross Sues PIMCO

Khazanah Nasional | Sovereign Wealth Fund Institute

Fixed income guru Bill Gross who now works at Janus Capital is suing his former employer Pacific Investment Management Company LLC (PIMCO). Gross co-founded PIMCO and left the firm in 2014. Gross claims he is owned hundreds of millions in unpaid

2015-10-08 20:10:14  

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