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.
"We are not currently considering increasing our stake in this company," an official of the Kuwait sovereign wealth fund
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.
Sovereign wealth funds
that have been able to invest in securities as well as real estate in North America have lost trillions of dollars due to the global economic crisis.
There is a downside, to sovereign wealth fund
(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.
The agreement says sovereign wealth fund
investment decisions "should be based solely on commercial grounds, rather than to advance directly or indirectly the geopolitical goals of the controlling government".
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