LONDON (Reuters) – Over a 3rd of sovereign buyers plan to cut their equity publicity over the subsequent three years after a robust run in 2017, citing trade wars, geopolitics and excessive valuations as headwinds to efficiency, a research by asset supervisor Invesco confirmed. Traders work on the ground of the New York Stock Exchange […]
LONDON (Reuters) – The variety of sovereign investors planning to underweight U.S. belongings within the subsequent 12 months has jumped to 43 %, a survey confirmed, with virtually a 3rd citing trade wars and elevated protectionism as the most important tail danger. FILE PHOTO: U.S. President Donald Trump pronounces that the United States will impose […]
LONDON (Reuters) – Ali Shamekh has resigned from his place as chief government of Libya’s contested sovereign wealth fund, saying divisions inside Libya had made it unattainable for him to implement a viable program, in accordance with a press release. The $66 billion Libyan Investment Authority (LIA) has lengthy been hobbled by a management dispute, […]
((This Feb. 22 story corrects paragraph four to make clear NBIM’s partnership with Crown Estate)) By Noor Zainab Hussain and Esha Vaish (Reuters) – The sovereign wealth fund of Norway purchased a 245 million pounds ($342 million) stake in British property group Shaftesbury from Invesco, regulatory filings confirmed on Thursday. Shaftesbury owns and manages retail, […]
The China Investment Corporation stated that the United States was impeding direct funding, however American lawmakers have urged higher scrutiny of Chinese offers. SOURCE: NYT > DealBook – Read whole story here.
World’s largest sovereign fund reduces portfolio value by 5% saying there are query marks as to what EU vote means Norway’s $893bn (£687bn) sovereign wealth fund has reduce the value of its UK property portfolio by 5% after Britain’s vote to go away the EU. The world’s largest sovereign fund is one of Britain’s largest […]