The world's biggest currency-reserves manager – China’s State Administration of Foreign Exchange – is growing less conservative and more international.
Tag : swfs
Asset managers in the Middle East and North Africa are mulling expanding both regionally and further afield, according to a recent survey.
GIC's chair of global investments talks about why the Singaporean state fund is less transparent than many peers, its use of asset managers and the failings of some sovereign investors.
Private equity and infrastructure specialists are trying to satisfy sovereign funds' rising demand for energy-related investments.
Qatar Investment Authority has boosted its legal team by hiring a partner from the US law firm’s Japan office to help allocate its fast-growing pool of capital.
South Korea's sovereign wealth fund expects to double its AUM to $100 billion in five years. It has also added significantly to its staff this year.
The Singapore sovereign wealth fund posts a 16% drop in net profits, with a large exposure to the financial services sector likely a contributing factor.
Asian central banks’ growing tendency to diversify is further straining relationships with their sovereign wealth funds.
Meanwhile, the Singapore sovereign wealth fund pares exposure to Europe and the US, citing an uncertain long-term outlook.
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 classes.
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 UK asset manager has sharpened its focus on Southeast Asia and Taiwan and has more product launches in the pipeline, probably including renminbi funds.