Sovereign wealth fund (SWF)
Philippines’ Marcos pledges SWF will still go ahead
Government puts implementation rules on hold, but president says it will open by year’s end
China SWF buying bank shares on Shanghai exchange
Central Huijin was created in 2003 to address domestic banking crisis
Irish government to create two sovereign funds
New law will mandate government to deposit up to 0.8% of GDP in two funds over next decade
Norway’s sovereign wealth fund closes China office
Norwegian oil fund manager says its Singapore office is now the hub of its operations in Asia
Book notes: Bold vision, by Freddy Orchard
Largely uncritical insights about the formation of the GIC and Singapore’s currency regime
Pakistan launches sovereign wealth fund
Struggling country transfers $8 billion of shares in seven state companies to new SWF
Philippine president signs SWF law despite corruption fears
Economists concerned over use of central bank funds and possible governance problems
US basketball chief: sovereign wealth funds cannot buy teams
Statement follows Qatari fund buying minority stake in owner of Washington Wizards
Tennis stars launch volley against Saudi SWF
PIF has talks with head of ATP tour on joint projects after golf merger
Economists warn Philippines state fund could increase corruption
Central bank will contribute annual dividends to fund for two years, delaying capital increase
Saudi SWF merges golf outfit with US rival
PIF ends legal disputes and becomes a leading power in the sport
Taiwanese central bank opposes sovereign wealth fund proposal
Legislators propose using 10% of Taiwan’s $561 billion foreign reserves to set up a SWF
People: ECB seeks new supervision chief
Andrea Enria nears term end at SSM; Bank of Canada appoints deputy; Israel names SWF head
The allure of private markets
SWFs have piled into the asset class while reserve managers remain wary
Ireland considers sovereign wealth fund
Finance minister suggests move as government forecasts cumulative surplus of €656 billion
Italian PM considering sovereign wealth fund
SWF would support domestic industry and rely on “enormous savings”
Bank of Guyana rejects FX criticism
Country’s FX reserves fell to 1.4 months’ worth of export cover in the autumn
Court rules golf tour organisers can sue Saudi sovereign fund
PGA Tour and Saudi-sponsored rival pursue dueling lawsuits in US court
Norway SWF suffers biggest losses since 2008
Norges Bank Investment Management reports negative return of more than $160bn
S&P worried about Israeli plans to use SWF funds, says report
Finance ministry says no bill has been prepared
Philippines governor withdraws opposition to SWF
Parliament passes president’s project after changes, despite warnings over corruption
BSP governor issues ‘1MDB’ warning over proposed fund
Some legislators have proposed sovereign wealth fund, but critics warn it could increase corruption
Hong Kong sets up investment company using HKMA funds
Analysts draw parallels between the new company and Singapore’s sovereign wealth fund Temasek
Independence white paper outlines possible Scottish central bank
Proposals map out “the process of establishing a Scottish pound”