SIMON MUMME, Author at Top1000funds.com

Uncategorised posts

Timor’s SWF awards first external mandate, begins global equities search

The $4.7 billion Petroleum Fund of Timor-Leste has diversified its portfolio away from US Treasuries by appointing, for the first time, an external manager to invest $1 billion in high-grade, diversified fixed income, while undertaking a search for global equity managers.

SIMON MUMMEJuly 1, 2009

Uncategorised posts

KIC partners with Australian, Malaysian sovereign peers

South Korea’s sovereign wealth fund (SWF), the $25 billion Korea Investment Corporation (KIC), has signed cooperation agreements with Queensland Investment Corporation (QIC) and Malaysia’s Khazanah Nasional Berhad to share resources and pursue investments with the government-owned entities.

SIMON MUMMEJune 24, 2009

Uncategorised posts

Meet Invest AD, gateway to MENA opportunities

Invest AD, the new-look Abu Dhabi Investment Company, has further ramped up efforts to attract institutional capital from around the globe to invest in the Middle East and North Africa (MENA) region by launching four new equity funds.

SIMON MUMMEJune 10, 2009

Uncategorised posts

Kazakhstan SWF invites global equity managers aboard

The $23 billion National Oil Fund of Kazakhstan, an economic stabilisation fund built from surplus oil revenues, is seeking external active and passive global equity managers as it pumps money into the domestic economy in an attempt to offset the impacts of the financial crisis.

SIMON MUMMEJune 10, 2009

Uncategorised posts

SWFs struck at financial crisis epicentre: $50b in losses from financials

For their biggest public market investments in the last two years, sovereign wealth funds (SWFs) zeroed-in on the most dogged companies in the worst-performing sector: Western financials. These decisions incurred paper losses of $US56.3 billion, accounting for most of their public market losses for the period.

SIMON MUMMEJune 3, 2009

Investor Profile

Mubadala taps foreign expertise for new return sources

Setting its commercial finance joint venture with General Electric (GE) in stone last Sunday, the US$14.7 billion Mubadala Development of Abu Dhabi furthered its drive into investments designed to boost its home economy through knowledge transfer, from resources exploration and production and education, to the ultimate commodity hedge: a sustainable city founded in the desert. […]

SIMON MUMMEJune 3, 2009