sovereign-wealth

The bank on Friday was in negotiations with a collection of sovereign wealth funds in Asia and the Middle East, The New York Times reported.

Indeed, its very messiness might provide some reassurance that the sovereign wealth funds hardly seem to have nefarious agendas.

You cannot label one sovereign wealth fund and then sort of rule it out completely.

But sovereign-wealth fund China Investment Corp. , known as CIC, is one presence behind SSBT OD05, people familiar with the matter said.

"They're certainly acting as if they're about to get more money, " says a person who works closely with the sovereign wealth fund.

I am pleased that we have had very positive feedback on this idea and are following up in discussions with Sovereign Wealth Funds.

There is no evidence so far that sovereign-wealth funds are trying to wield inappropriate influence in the companies they invest in.

What do a pair of Middle Eastern sovereign-wealth funds, an Australian media company, and a Dutch bank have in common?

But just when Mr Buffett was limbering up to take advantage of the worsening climate, out come sovereign wealth funds to steal his thunder.

The U. S. auto maker also is prepared to sell more than $1 billion worth of shares to sovereign wealth funds in the Middle East and Asia.

Today, he said, "global financial services assess Singapore to have sovereign wealth funds of over $300 billion. "

The sovereign wealth fund confirmed that it had seconded a small team to Seatown but declined all further comment.

Granted, that may not be the case for the Middle East sovereign wealth funds, which tend to be a function of oil prices.

The author of that article used a broader definition of sovereign-wealth funds than did the main part of the report.

At the time the sovereign wealth funds invested in Citi, two years ago, there was little understanding of how bad the crisis would get.

Lack of transparency at some sovereign wealth funds, including CIC, has been a complaint from western governments.

This latest investment makes SSF the bank's third largest shareholder after the Ministry of Finance and China's sovereign wealth fund.

Private equity funds accounted for a highest-ever $460bn of that. The role of sovereign wealth funds in direct investment was $10bn.

For some time the Asian sovereign wealth funds have been diversifying away from developed economy government debt portfolios.

A year ago most non-specialists would probably have been hard-pressed to explain what a sovereign wealth fund was.

To be fair, CIC wasn't the only sovereign - wealth investor burned by dalliances with big -name U. S. investment firms.

Foreign employees who work on sovereign-wealth funds would be considered government officials and covered by the FCPA, legal experts said.

Jin Liqun, chairman of sovereign-wealth fund China Investment Corp. , made clear in London last month that CIC wouldn't offer handouts.

Instead, he wants them to give a 51% stake to a sovereign-wealth fund, with no guarantee of any compensation.

When a country wants to avoid scrutiny, it will manage money through things like Safe rather than through a sovereign wealth fund.

But it is possible that even this would fall on private investors and sovereign wealth funds.

China's sovereign-wealth fund has lost plenty of money on its year-old Blackstone stake and on its investment in Morgan Stanley.

But this week its new sovereign wealth fund, CIC, said it had parked its initial $200bn of reserves in money markets only.

But their assistance, as that of other sovereign wealth funds, ought to carry a price.

Huaneng has raised at least $140m in cornerstone commitments from State Grid, Bank of China, and Temasek, Singapore's sovereign wealth fund.

"The only transparent sovereign wealth fund is the Norwegian one, " says Gary Reynolds, chief investment officer of Courtiers.

The majority of that money will come from sovereign-wealth funds, the white knights of choice for today's bank in distress.

Already, economists say Russia will have to shelve its plan for a large sovereign-wealth fund that will invest in foreign companies.

'Some sovereign-wealth funds see the benefit in banding together' to get that message out, she said.

Across the western world, markets are a-twitter at the forthcoming deluge of cash from China's sovereign wealth funds.

Nobody knows whether the Sage would have bought any of the stakes purchased by sovereign wealth funds.

Today it's growing at 7 percent a year and setting up its own sovereign wealth fund.

Into productive assets worldwide, sometimes in direct investment, but increasingly in the form of sovereign wealth funds.

In the United States more recently, controversy has centred on state-owned companies rather than acquisitive sovereign-wealth funds.

Fox mentions that sovereign wealth funds are diversifying out of bonds and bank bailouts and into broad portfolios of common stocks.

He thinks the public debate about sovereign-wealth funds is the prelude to action against them and that the "kindling is dry" .

No one answered the phone at the sovereign-wealth fund's headquarters in Tripoli, and its website and email aren't working.

As they spread their money around the world, sovereign-wealth funds will usually be greeted with open arms.

They bought more than $37 billion of stakes in Wall Street, usually made through investment vehicles known as sovereign-wealth funds.

This would be less politically contentious than conducting the flow through state-directed sovereign wealth funds.

By doing so they would be bypassing central banks and sovereign-wealth funds, recycling excess savings directly themselves.

The first ports of call are likely to be large Singapore investment funds and Middle Eastern sovereign wealth funds.

The creation of a US sovereign wealth fund represents such an opportunity.

Meanwhile, the owners of the sovereign wealth funds need to understand their own best interests.

Bankers and government officials said Chinese lenders and sovereign-wealth funds are eyeing a number of potential deals in Europe.

In a world grown increasingly twitchy about the rise of sovereign wealth funds, the investment is clever in two respects.

The regimes that bankroll sovereign-wealth funds are often authoritarian and sometimes downright dangerous.

Temasek, the Singapore sovereign wealth fund, invests more than three-quarters of its portfolio exclusively in Asia.

Thanks to high commodity prices and global imbalances, sovereign wealth funds now control at least $2, 000bn in assets.

China's sovereign-wealth fund, China Investment Corp. , is among the investment firms to make an offer.

Mr Cole singled out sovereign wealth funds as among the possible buyers, and expected a series of deals "sooner rather than later" .

CIC's focus on the relative short term will set it apart from other sovereign wealth funds, which tend to have much longer time horizons.

Today we have to think about Asia's holdings of US bonds and the rise of sovereign wealth funds.

Such state-corporate activity is fueled in part by the emergence of a new class of sovereign wealth funds.

Private investors, and sovereign wealth funds out to make returns, can punt their money on what they like.

The new code of conduct for sovereign wealth funds may prove to be a basis for achieving this.

The last time UniCredit needed capital the Libyan sovereign-wealth fund was happy to oblige. Its stake of 7. 6% is now frozen.

Potential partners include Chinese banks, although the involvement of a sovereign wealth fund is also possible.

China Investment Corporation, the newest sovereign wealth fund on the block, caused a stir even before it was formally established.

Moreover, it has been generating founder liquidity by selling off small management companies stakes to sovereign wealth funds.

The most likely providers of this capital are foreign investors, including private-equity firms and sovereign-wealth funds.

Did Summers spend so much time with the hedge fund, or its investors, sovereign wealth funds and so on, that he started to think like them?

"Institutional investors, sovereign wealth funds and asset managers alike are going overweight on commodities too. "

The other, Tana Africa Capital, is a joint venture with Singapore's sovereign-wealth fund, Temasek, and invests in the rest of Africa.

Naturally, the sovereign wealth funds see their patience and passivity as an advantage rather than a weakness.

Rising oil prices in recent years have been good for oil producing countries, though, including those with sovereign wealth funds.

Commodities are not the only source of sovereign wealth.

Witness the sovereign wealth funds, another prominent feature of the new globalization and the growing influence of developing economies.

Objectively, the investment of Chinese sovereign wealth fund is impacted by the restriction of western country and financial crisis.

A few companies have tapped new pools of capital, like sovereign-wealth funds, to bolster their finances.

The FinanceMinistry favored setting up a sovereign wealth fund, while the centralbank did not.

He agrees that following the big sovereign wealth funds can be a good strategy.

Until East and West even out the surpluses and deficits in their economies, sovereign-wealth funds will not go away.

But one of the earliest sovereign wealth funds was established by oil-rich Norway.

Brazil was also concerned that sovereign wealth funds or companies backed by other governments were buying farmland.

Last summer Clay Lowery, an American treasury official, proposed that the IMF work on a code of conduct for sovereign-wealth funds.

The country has established two sovereign wealth funds to invest some of its revenues from copper.

Full-blown capital controls are unlikely, though there is talk of a sovereign-wealth fund that could lean against currency appreciation.

China Investment Corp. , a sovereign wealth fund, announced plans in January to set up its first overseas office -- in Toronto.

Overseas investments by sovereign wealth funds have always had the potential to cause alarm in the destination countries.

Meanwhile, with many sovereign wealth funds and other government capital being deployed domestically, there may be fewer foreign purchases.

"A big issue is to determine whether the brand is portable, " said one person familiar with the sovereign wealth fund.

Sovereign Wealth Fund diversification strategies could limit a dollar recovery, says Chris Turner, head of foreign exchange strategy at ING.

The sovereign wealth fund's managers are planning to allocate one-third of its $200 billion to investments in global financial markets.

Libya's top oil official, Shokri Ghanem, said Monday that BP is a bargain and recommended the nation's sovereign wealth fund invest in it.

As a matter of fact, it sits on a good 10% of the world's oil, and has between $400bn and $800bn in its sovereign wealth fund alone.

The returns on Chinese foreign investment through its sovereign wealth fund have not been any better of course.

They have been aggravated of late by the threat of barriers to purchases by its newly established sovereign wealth fund.

Asia's sovereign-wealth funds appear to be taking some lessons from bad investments to heart.

This would reassure Mr Gross and sovereign wealth fund investors that the US government wants to keep investing in US mortgage paper.

The Greek government has been wooing sovereign-wealth funds in the Gulf and Libya; this week it played host to a Chinese delegation.

This has included demand stimulation, allowing the renminbi to appreciate gradually and creating sovereign wealth funds.

With the India growth story still standing on firm ground, sovereign wealth funds are likely to look at Indian companies.

The rise of commodity-fuelled sovereign wealth funds gives cash-strapped emerging governments alternative lenders of last resort.

China will continue to follow the generally accepted principles and practices of Sovereign Wealth Funds (SWFs).

The Russians have also reached out to Middle East sovereign wealth funds.

China Investment Corp, the sovereign wealth fund, has this year invested in energy and mining assets in Indonesia, Kazakhstan and Mongolia.

Chinese investors and sovereign wealth funds have shown increasing interest in investments in hedge funds and private equity funds.

Overwhelmingly, sovereign-wealth funds invest overseas to diversify their portfolios.

Goldman is an investor in Hopu, along with Temasek Holdings Pte. Ltd. , the Singaporean sovereign-wealth fund.

Mr Zhou also warned Congress against introducing regulations that would govern China's new sovereign wealth fund.

The principles were ratified by a newly formed International Forum of Sovereign Wealth Funds in Kuwait in April.

He also sees opportunities to partner sovereign wealth fund investment in emerging markets' infrastructure.

Discussions for further billions from China Investment Corporation, China's sovereign-wealth fund, are underway.

Buoyed by central-bank liquidity and sovereign-wealth funds' readiness to pour capital into American banks, some tensions are easing.

The main reason to worry about sovereign-wealth funds' acquisitiveness is a narrowly financial one.

China's positive experience with CIC is encouraging it to propose a sovereign-wealth fund to solve global imbalances.

Cyprus is already studying how Norway operates its sovereign-wealth fund to manage hydrocarbon riches for future generations.

Beijing's sovereign wealth fund had to launch a rescue last week by announcing open-market share purchases of Chinese banks.

The government plans to put its share of revenues in a sovereign-wealth fund, to prevent unwanted currency appreciation.

Bursting with cash, Chinese state-linked companies and sovereign wealth funds have become highly desirable friends.

But it will hardly be free of state influence: China's main sovereign wealth fund is set to remain the majority shareholder after its float.

Inflows are coming from institutional and retail investors, sovereign wealth funds and central banks, experts say.

That has created the balance of payments surpluses fueling dollar-dripping sovereign wealth funds in countries like China.

Wealth management firms are now finding ways to involve their clients in the investment deals being done by sovereign wealth funds.

Barclays Capital's move comes as sovereign wealth funds and state-owned groups show increasing interest in natural resources.

It could make passive equity investments through China Investment Corporation, a sovereign-wealth fund.

And some E. U. commissioners have suggested that stringent regulations on sovereign wealth funds may be in the offing.

Asian sovereign wealth funds have injected capital into western financial institutions.

Adia is among several sovereign-wealth funds that helped rescue Citi after it turned to outside investors to replenish capital.

The Fed position is that a sovereign wealth fund should be treated no differently from any other controlling shareholder.

Asian and Middle Eastern sovereign wealth funds have been keen to build up stakes in banks exposed to the world's fastest-growing region.

Mr Sarkozy wants Europe to set up its own sovereign wealth fund to buy stakes in European companies during the recession.

Traders and bankers say further countries and their sovereign wealth funds are also quietly buying gold.

Once again New Delhi is toying with the idea of setting up a sovereign wealth fund.

There were other sources of liquidity, too: oil money and sovereign wealth funds built up by countries with surplus savings.

However, there are things that the sovereign wealth funds in general are doing that will increase their clout even if their coffers shrink.

StanChart said it sold the commercial paper to Middle Eastern sovereign wealth funds and European pension funds.

A recent report from Deutsche Bank drastically cut forecasts for growth at sovereign-wealth funds worldwide.

At the top will be highly capitalised banks and sovereign-wealth funds with risk appetite.

Some sovereign wealth funds and university funds, meanwhile, prefer to hire external advisers, he adds.

Where sovereign-wealth funds invest, however, political concerns often follow.

Having the relevant sovereign-wealth funds on board would give a little extra reassurance.

As part of the creation of China Investment Corporation, a $75bn-$100bn chunk of reserves was transferred to the new sovereign wealth fund.

Sovereign wealth funds and "select Chinese companies" , should provide the capital.

Brazil recently authorised its sovereign-wealth fund to trade currency derivatives.

China's sovereign wealth fund, China Investment Corporation, is also expected to offer funding for the bid.

Is China building strategic stakes in major U. S. companies like Apple and Coca-Cola Co. through its sovereign-wealth fund?

Nomura's Mr. Syme wrote that BP could raise equity-linked financing in the near term, perhaps from a Sovereign Wealth Fund.

Chinese sovereign wealth funds should also grasp these opportunities so as to realize higher return while keep risk under acceptable levels.

Mr Abdelnour also believes that Asia's sovereign wealth funds present business opportunities.

It earlier emerged that Silvio Berlusconi's government is peddling its debt to Chinese sovereign-wealth funds.

Mr Buffett's investment savvy virtually guarantees he will find good opportunities away from the madding crowd of sovereign wealth funds.

Sovereign wealth funds themselves have been around for decades.

public criticism has erupted after some investments by the country's sovereign wealth fund lost money.

Now, with the help of a big minority investment from Temasek, Singapore's sovereign wealth fund, it is again searching actively.

But he has consulted with several sovereign-wealth funds about his 'black swan' philosophy in recent years.

The new fire-sale buyers are the so-called sovereign wealth funds, and China's are the most prominent.

The evaporation of savings has forced American bankers to beg sovereign wealth funds in Asia and the Persian Gulf for new capital.

Sovereign-wealth funds invest the profits from all of this activity in global markets.

Over the past year, sovereign wealth funds from Singapore to Abu Dhabi have taken huge hits on their investments.

Headhunters say the biggest stars of private equity are still reluctant to join sovereign wealth funds.

The likeliest cornerstone investors are sovereign wealth funds .

Despite the government being its sole shareholder, Temasek doesn't consider itself to be a sovereign-wealth fund.

And you do not need to make sovereign-wealth funds a special case: instead, you have clear, predictable rules that apply to everyone.

China's sovereign wealth funds are in a position the entire world should envy.

Its sovereign wealth funds can buy shares in solid European non-financial and financial companies.

A pension or sovereign-wealth fund would earn a premium and in return deposit, say, $10 billion of treasuries in a lockbox.

China's sovereign wealth fund was among investors in a $900m private placement earlier this year.

In addition, as the sovereign wealth funds and special public enterprise, the CIC assume major responsibility.

On October 18th they set up the country's first sovereign-wealth fund, hoping to curb the perpetual plunder of oil revenues.

A big battle has begun in Israel over royalties, with some demanding a sovereign-wealth fund when the money starts flowing.

Oil exporters can use sovereign wealth funds to build up reserves of money to protect against a drop in oil prices.

The hype over sovereign wealth funds continues to rise as the oil price hits new highs.

Whatever their motives, sovereign-wealth funds are sure to influence prices and markets.

It is a rare event when the world gets a peek into the stock portfolio of a $300 billion Chinese sovereign-wealth fund.

Fevered attention is currently focused on so-called "sovereign wealth funds" .

Sovereign Wealth Funds(SWF) sit at the intersection of high finance and high politics.

He says China's Ministry of Finance issued $79bn of bonds last week, its biggest bond sale, to begin funding the sovereign wealth fund.

Nor does this simply reflect suspicion of sovereign wealth funds from oil-rich autocracies.

Still, experts said it's not a given that China(or other sovereign wealth funds) will make a big bet on the EFSF.

In the past, most of the expatriates staffing sovereign wealth funds, particularly in the Middle East, came from Europe.

Nicolas Sarkozy, the French president, has created a French sovereign-wealth fund.

Sovereign Wealth Fund is a new and controversial capital strength in financial market.

CIC, China's sovereign-wealth fund, will subscribe to US$35 million worth of BBMG shares, the person said.

The Ministry of Finance and the sovereign-wealth fund now share ownership of the lender.

Its IPO prospectus includes many deterrents to sovereign wealth funds or strategic non-US investors that might want to assume control.

The sovereign wealth funds are also feeling the pain of investing in private equity firms.

However Mr Lacaille was unsure about the impact of cash flows from Asian central banks and sovereign wealth funds.

But it lags behind returns achieved by other Asian sovereign wealth funds.

others will address the growing importance of sovereign wealth funds, alternative energy and the proliferation of nuclear weapons.

Sovereign wealth funds differ greatly in their personnel and policy.

Chinese chips rallied with the help of China sovereign-wealth fund China Investment Corp.

Chinese Sovereign Wealth Fund has stepped onto a new stage since China Investment Corporation was founded in September, 2007.

GIC, the larger of Singapore's two sovereign wealth funds, has not yet taken a final decision to go ahead.

In December 2007, China Development Bank received a $20 billion capital injection from China's sovereign wealth fund, China Investment Corp.

In the summer Mr Immelt added a loyal backer by bringing in Abu Dhabi's Mubadala sovereign-wealth fund as a big shareholder.

What are the real motives of its sovereign wealth fund?

By contrast, the world's sovereign wealth funds together command less than $3, 000bn under management.

Host countries should not set up special regimes for sovereign wealth.

The banks need new capital. Some will probably come from sovereign wealth funds.

Mr. Huang is backed by a Far East sovereign-wealth fund, the person said.

The Times of London wrote last week that China's sovereign wealth fund was financing the bid.

GIC, Singapore's sovereign wealth fund, will also take a large stake.

Bankers close to the deal are confident of attracting support from sovereign wealth funds in China, Norway and the Middle East.

Asia's big sovereign wealth funds don't necessarily offer huge pay packages either.

The finance from the sovereign wealth funds comes with few strings attached.

Even now, suspicion of sovereign-wealth funds comes at a price.

It would join GIC and Future Fund, the Singapore and Australian sovereign wealth funds, which bought 7. 7 per cent of Apax this year.

The fund is now worth $512 billion, making it the second-largest sovereign-wealth fund in the world.

After months of wrangling in the oil ministry, Libya's sovereign wealth fund slashed its offer to barely $300m.

A range of scholars has analysed sovereign wealth funds and proposed ways to evaluatetheir risks.

Sovereign-wealth funds have poured money into troubled banks.

When assets were transferred into China Investment Corp, the sovereign wealth fund paid for them via a complex bond financing.

A portion is also invested in equities and other financial instruments by China Investment Corp. , the country's sovereign wealth fund.

The top two? China's Ministry of Finance and the country's sovereign wealth fund.

The first sovereign-wealth fund, the Kuwait Investment Office, created in 1953, ran into trouble in Britain two decades ago.

These could be funded by Asian sovereign wealth funds.

It has also established a $200bn sovereign wealth fund.

Sovereign wealth funds make their impact felt on global markets.

China's $300 billion sovereign wealth fund, China Investment Corp (CIC), is also helping to bolster the industry.

The City of London appears at the mercy of sovereign wealth.

The sovereign wealth fund would certainly like to own a slice of VW, via Porsche.

Investment decisions made by the country's fledgling sovereign wealth funds are approved in the Chinese capital.

I refer to the sovereign wealth funds (SWFs), already much commented on in these and other pages.

Today, China, the gulf nations and other state capitalists have amassed the largest sovereign wealth funds in the world.

Investors will include three or four sovereign-wealth funds that are planning to buy more than a billion dollars combined in the IPO.

The property arm of Qatar's sovereign-wealth fund had backed the project.

Host countries must now be clear on rules for sovereign wealth funds.

Sovereign wealth funds are increasingly important in the world's markets.

One idea being discussed is for the state sovereign wealth fund to buy bonds, to create some additional breathing space.

The trouble is that legitimate caution about sovereign wealth funds could easily spill over into illegitimate hysteria.

Sovereign-wealth funds could soon become the most important buyers of such assets, and many others besides.

The sale earned the sovereign wealth fund a 37 per cent return on its investment.

In 2007, China's sovereign wealth fund, China Investment Corp. , took a 9. 9% stake in securities firm Morgan Stanley.

The proposal to tap one percent of sovereign wealth funds, Zoellick said, "can bring $30 billion to the table. "

Most sovereign wealth funds are tied to money from oil exports.

China's sovereign wealth fund has been preparing to receive new capital.

WHEN markets are jumpy and cash is needed, sovereign-wealth funds have some very fetching characteristics.

Today, sovereign wealth funds hold an estimated $3 trillion in assets.

What should we do when Russian and Chinese "sovereign wealth funds" try to buy western companies?

Such sovereign wealth funds currently hold about US$3 trillion in assets.

The sovereign-wealth funds are stirring.

Might sovereign-wealth funds from the Middle East or Asia ride to the rescue, much as they did after the 2008 meltdown?

CIC, China's sovereign wealth fund, has $410bn under management.

On January 15th Hillary Clinton said: "We need to have a lot more control over what they [sovereign-wealth funds] do and how they do it. "

It is thought that the government was considering measures to deal with sovereign wealth funds in advance of Chinalco's move.

"We should be positive, not paranoid, about the operations of sovereign wealth funds, " Mr Mandelson said.

But the voluntary rules show that sovereign wealth funds have seized the initiative in order to ease concerns in host countries.

It has the world's largest sovereign wealth fund.

Huijin was later merged into China Investment Corp, the sovereign wealth fund set up late in 2007.

Simon Johnson, the IMF's chief economist, thinks sovereign-wealth funds will be worth $10 trillion by 2012.

There is also gathering momentum behind the idea of creating a sovereign-wealth fund.

Though exact figures are hard to establish, observers believe sovereign wealth funds command between $2, 000bn and $3, 000bn in assets.

Yet, for all these imagined fears, it is hard to find examples of sovereign-wealth funds abusing their power.