These funds are being allocated less money by their oil-rich governments post the Arab Spring, with surplus government cash available for international investment in Gulf Arab region set to fall by 9 percent in 2012.
The outcome is that there is a gaping chasm of a perception when comparing those doing business in Africa, and those not. The former being ostensibly positive and the latter mired in stereotypical and negative opinions.
African countries have been urged to tap into the US$5 trillion sovereign wealth assets belonging to oil-exporting developing countries and China, according to participants at the just-ended UNCTAD XIII meeting in the Arab Gulf State of Doha.
In a striking indication of that concern, the International Monetary Fund said developments in the euro area pose a greater risk to the Asia-Pacific region than either a hard landing in China or a rise in commodity prices.
"The thinking within the ministry is that disinvestment proceeds could be used in a more productive way... Creation of a sovereign fund is being actively considered," said a senior finance ministry official.
Qatar’s sovereign wealth fund has made its first big investment in a US public company by acquiring a 5.2 per cent stake in Tiffany, the jewellery retailer known for its diamond rings and blue, ribboned boxes.
The survey presents the results of the Deutsche Bank research chair’s foundation paper – a dynamic asset-liability management (ALM) model developed to guide asset allocation and risk management decisions at the SWF level, and describes the res
When Dilma Rousseff, Dmitry Medvedev, Manmohan Singh, Hu Jintao and Jacob Zuma gather for the fourth Brics summit in Delhi on 29 March, can they go beyond the statements of their past meetings?
A subsidiary of China's sovereign wealth fund yesterday signed a memorandum of understanding with Dublin's debt agency to explore investment opportunities in Ireland, but gave little detail on what it might be interested in.
Warsaw, looking for buyers for state assets, has recently reached out to Chinese players to bring funds to Poland, giving the Asian giant an opportunity to test the investment waters in the real economy in Europe.