Uncategorised posts
Bahrain SWF may sell 25pc of Gulf Air
The $9 billion Mumtalakat, Bahrain’s sovereign wealth fund, is considering selling a stake in national carrier Gulf Air as it eyes more liquid investments.
SIMON MUMMENovember 25, 2009
The latest
Uncategorised posts
Mubadala builds stadium for Abu Dhabi
Mubadala Development, the $14 billion strategic investment arm of the Abu Dhabi, has invited contractors to submit design and construction plans for a 65,000-seat sports stadium in the United Arab Emirates (UAE) capital.
SIMON MUMMENovember 25, 2009
Uncategorised posts
CalPERS backs internal, external FI managers amid liquidity ‘conundrum’
After missing the strong rally in the US high yield debt market, the $201.3 billion CalPERS’ global fixed income program, which manages about a quarter of the fund’s assets, has extended its mandates with external managers and will continue actively managing its US debt portfolio internally.
SIMON MUMMENovember 25, 2009
Investor Profile
Ones and Zeroes: AustralianSuper tackles correlations
In the final days of the hedge fund boom, the A$30 billion ($27.8 billion) AustralianSuper stepped up its investigation of the market returns embedded within the alternative strategies. Now, two years and a devastating financial crisis later, the big defined contribution fund has cut back its hedge fund program and begun analysing the true power […]
SIMON MUMMENovember 13, 2009
Uncategorised posts
Norway SWF posts booming quarter
Norway’s sovereign wealth fund, the $456.4 billion (NOK 2,549 billion) Government Pension Fund – Global, returned 13.5 per cent for the quarter due to improved liquidity in fixed income instrument and climbing equity markets, as the fund continued diversification within emerging markets.
SIMON MUMMENovember 11, 2009
Private Equity
PE, venture revived by market rebound: Cambridge Associates
For US private equity and venture capital managers, Q2 generated the best returns since the end of 2007, when listed markets began sliding, and for the first time since its introduction mark-to-market valuation methodology benefited managers, according to research from US Consultancy Cambridge Associates.
SIMON MUMMENovember 11, 2009