The global summit will host an extensive cast of high-level delegates from around the world to discuss important issues regarding
sovereign wealth funds, public pensions, official reserve management, governmental investing, private equity, real estate, asset allocation, risk management, geopolitical issues, asset classes, and capital market expectations.
Qatar's
sovereign wealth fund, the Qatar Investment Authority, said this month it does not plan to make any investments in the next six months.
(15) The largest
sovereign wealth fund, for example, is the Abu Dhabi Investment Authority (ADIA)--an institution that has been in existence for more than thirty years, but which has yet to reveal its fund size, portfolio structure, performance or investment objectives.
Until recently, I was an official of the Central Bank of Norway, which is the manager of the Norwegian
Sovereign Wealth Fund. Last week I took up a position at the International Monetary Fund, and the IMF has been charged with developing a set of best practices and guidelines for
sovereign wealth funds.
Citigroup, one of the biggest losers of the subprime crisis, received $12.5 billion in January from a group of investors, including $6.88 billion from the
sovereign wealth fund the Government of Singapore Investment Corporation.
Total
sovereign wealth fund assets are only a fraction of the estimated $190 trillion in global financial assets or the roughly $62 trillion managed by private institutional investors.
Such powers could be used to block
sovereign wealth fund investment, where it appears that a political agenda lies behind the acquisition of stakes in European companies.
BANKING AND CREDIT NEWS-January 10, 2019--Singapore's
sovereign wealth fund joins funding round for N26