Asian central banks’ growing tendency to diversify is further straining relationships with their sovereign wealth funds.
They are urged to court sovereign wealth funds in frontier markets as established players increase in-house expertise. All the same, SWF volumes have tripled in five years.
Four sovereign wealth funds held direct talks in Moscow over their participation in a government-backed Russia investment fund, AsianInvestor has learned.
Last week GIC celebrated its 30th anniversary and enlisted a roster of speakers, including from other sovereign wealth funds, to provide it with ideas.
Sovereign institutions are accumulating assets at a blistering pace and need to find a home for this surplus capital; hence even central banks are mulling higher-yielding asset ...
Jai Arya, an experienced client relations manager at the bank, wants to ensure sovereign investors hear about both custody and asset management ideas.
The move is in line with the Singapore sovereign wealth fund's bullish forecasts for developing economies, says chief investment officer Ng Kok-Song.
The firm has moved Sten Ankacrona to Singapore to replace Wayne Shum.
The UK asset manager has sharpened its focus on Southeast Asia and Taiwan and has more product launches in the pipeline, probably including renminbi funds.
Nomura poaches yet another RBS banker, Henrik Melph, to head sales to central banks and sovereign wealth funds.
The social benefits of state investment agencies will be a major driver behind the establishment of new SWFs or existing ones growing in size, argue Kevin Hardy and Wayne Bowers.
The US asset manager plans to exploit Singapore's strength as a wealth-management hub, says Southeast Asia head Piau Lim.
Chinese and Indian individuals would rather see foreign investment from private equity or hedge funds than from sovereign wealth funds.
Sovereign wealth funds shifted towards more passive strategies and increased equity exposures last year, according to a recent survey. But there is potentially a lot more for ...
And the trend towards greater transparency continues, with the release of the first annual report from Abu Dhabi Investment Authority.
Asian SWFs have overtaken Middle East government investment arms as the largest acquirers of assets this year, and the biggest increase in spending is in the natural resources ...
Foo takes on responsibility for Asian sovereign wealth funds and central banks at BNP Paribas, but will continue as CEO of Fortis Bank’s Singapore branch until Fortis is fully ...
State Street notes that SWFs are reassessing their priorities and objectives in the wake of the crisis and following a change in public perception about their role.
SWFs generally see themselves as minority investors and don't want to play the role of shareholder activist, according to a survey by Financial Dynamics.
SWFs from all over the world have agreed on a set of 24 best-practices guidelines aimed at protecting both the funds and the recipients of their investments.