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Our purpose is to deliver the most up-to-date news, articles and figures on sovereign wealth funds and on their impact on global economy, financial stability and financial markets.
17/03/12nbim.no Norway's sovereign wealth fund lost $15 billion US last year as European stock prices fell
20/02/12Bloomberg Qatar Investment Authority concludes deal with Credit Suisse (One Cabot Street building)
19/02/12Reuters Israel natural gas wealth fund takes shape
28/09/11WSJ DPJ Policy Chief Proposes Japanese Sovereign Wealth Fund
27/09/11CPI Financial Libya SWF probes $5 billion losses in Africa portfolio
26/09/11Global Pensions Australian SWF head attacks European leaders
23/09/11WSJ New Libyan Sovereign Wealth Fund Chief Seeks Probes
23/09/11FT Guest post: SWFs - the Chilean model
23/09/11WSJ Korea's Sovereign Wealth Fund Considers Raising Bank of America Stake
21/09/11Sydney Morning Herald Call for states to set up wealth funds
19/09/11AllAfrica.com Nigeria: Governors, Aganga and Sovereign Wealth Fund
19/09/11Bloomberg UBS Says Australia Should Start Wealth Fund as Debt Crisis Fallout Spreads
16/09/11aiCIO ADIA Opens Up, Reveals Rising Long-Term Returns?
15/09/11BusinessWeek Temasek, KIA Said Among Investors in Citic Securities Sale
14/09/11BusinessWeek Zimbabwe Plans Mining Sovereign Wealth Fund, Kasukuwere Says
14/09/11Euromoney Magazine Mubadala sets a model for Middle East wealth funds?
14/09/11The Moment Governors' bizarre stand over Sovereign Wealth Fund
Is the Libyan Investment Authority back in the game?
Reuters reports that Libyan Investment Authority assets (amounting to USD 65 bln) have been unfrozen.
The fund could be now used to stabilize the Libyan economy and to reconstruct the country.
SWF Ranking updated
The updated ranking of the largest SWFs by assets under management is now available at Sovereign Wealth Funds News website. According to the ranking, total value of SWFs assets is in the range of 4.5 to 5 trillion US dollars.
See the ranking
Working Group Announces Creation of International Forum of Sovereign Wealth Funds
The International Working Group of Sovereign Wealth Funds (IWG) announced today in Kuwait City the establishment of the International Forum of Sovereign Wealth Funds (Forum). The Kuwait Declaration, issued at the end of a two-day meeting hosted by the Kuwait Investment Authority and the State of Kuwait, states that the Forum, a voluntary group of SWFs, will meet at least once a year to exchange views on issues of common interest and facilitate an understanding of the Generally Accepted Principles and Practices - "Santiago Principles" - and SWFs' activities.
Mr. David Murray, Chairman of Australia's Future Fund Board of Guardians, was elected by the IWG members to chair the Forum. Mr. Jin Liqun, Chairman of the Board of Supervisors, China Investment Corporation, and Mr. Bader Mohammad Al-Sa'ad, Managing Director, Kuwait Investment Authority, were elected to be deputy chairs of the Forum.
Source: IWG Press Release
