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.