Sovereign wealth funds

China recommends investment in state social fund

Dai Xianglong of the National Social Security Fund recommends state controlled enterprises In a quote of the National Social Security Fund council's party secretary, he is proposing that Chinese state-owned enterprises transfer 30% of their capital gains and ownership shares exceeding 51% to the fund.


BTP Italia Retail Bond Sale a Success

The fourth batch of BTP Italia Retail Bonds raised Eur9 billion and was ended two days ahead of schedule.

Amid South Korea's Fourth Sale Effort, Woori Chairman to Resign

Woori Chairman resigns amidst declining share values. Lee Pal Seung, Chairman of Woori Finance Holdings Company, plans to resign prior to the South Korean government's fourth plan to sell its shares in the country's largest financial service group.

Cordiant Capital to offer emerging market loans

Cordiant Capital would be offering loans to emerging markets through its Cordiant Emerging Loan Fund IV.


Latest News

More than 1.5 billion euros in deposit inflows have trickled back to Greece in March bringing the total to more than 19 billion euros that have been returned to Greece since June last year.
Qatar has finalized payment and transfer terms for Printemps. Qatar has finalized its agreement to acquire French retailer Printemps for Eur 1. 6 billion or US $2.
Aid in the form of bond deposits is what Qatar has given to Egypt in the latest round of assistance.
After approval of the Colombian government, the plan of Telefonica SA is to offer its Colombian unit for public listing in an IPO.
Infraero has withdrawn its application for an IPO as two of its licenses to operate may provide the necessary funding for its operations and growth.
The Dabbagh Group is preparing to buy out Gulf Oil from JV Petromin. The Dabbagh Group is the firm of the Saudi Arabian royal family that is now in discussion to buy out the stake of its Indian partner in a lubrican venture in Saudi Arabia.
Bulat Utemuratov is thinking whether to purchase state owned shares in Alliance Bank and Temirbank. Bulat Utemuratov, the Kazakh billionaire tycoon is contemplating whether to purchase Alliance Bank and Temirbank from the government.
MMC London Fund established for GBP11 million for specific areas of development. MMC Ventures recently lands a tender to launch the MMC London Fund. The fund is worth GBP11 million or US$16.
New investment company Doha Global Investment Company's planned public offering in May is expected to spur selling on Qatar's bourse as investors increase their liquidity for the IPO.
Patrizia led a consortium that won the bid for the luxury property holdings unit of GBW. Patrizia, the German real estate company, announced a consortium it had headed won the bidding for the purchase of rival GBW.
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