Sovereign wealth fund (SWF)
Norwegian SWF looks to block Buffett takeover
Norway's sovereign wealth fund has filed a lawsuit to block a proposed takeover of a company it part-owns by Berkshire Hathaway, the holding company headed by Warren Buffett, an investor.
Norway to tap oil wealth
The Norwegian is expected to spend more of its oil revenues to avoid a severe recession, and might draw on the assets of its $332 billion (£222 billion) sovereign wealth fund to finance a new fiscal spending package.
SWF growth to slow
Stephen Jen, an economist at Morgan Stanley, has adjusted downward his estimate of the growth of sovereign wealth funds in the coming years.
Crisis triggered US review of SWF stance
American attitudes to sovereign investments have softened in the wake of the credit crunch and funds should not fear a regulatory backlash once normal conditions are restored, the chairman of the US Congressional Task Force on Sovereign Wealth Funds has…
Santiago SWF principles a reminder of bygone age
Charles Proctor, a partner at Bird & Bird, a law firm, assesses the International Working Group of Sovereign Wealth Funds' newly-published Santiago Principles.
Flight from Fannie, Freddie may cloud US outlook
Official institutions' flight from US agency debt could hamper the effectiveness of Fannie Mae's and Freddie Mac's role in repairing the US mortgage market.
SWFs good for global stability
Sovereign wealth funds (SWFs) can play a role in stabilising international markets, a new study from the Bank of Canada finds.
Banking consolidation continues apace
After months of speculation of its weakest elements, the global banking sector has undergone what many are calling a long overdue consolidation within the space of a few days. Here's a summary of what has happened, its happening - and may happen next.
Triple shock leaves Wall Street in disarray
News of the Lehman Brothers' demise, the sale of Merrill Lynch and major concerns over the health of a range of other financial institutions has put the risk of rapid contagion and a systemic meltdown of the financial sector back at the top of central…
China using reserves for political gain - report
China's State Administration of Foreign Exchange appears to have used its reserve stockpile, the largest in the world, to influence diplomatic relations between Costa Rica and Taiwan.
Congress to hold hearing to "stay on top" of SWFs
A US Congressman has called a hearing to examine the impact of sovereign wealth funds' purchases of stakes in some of Wall Street's finest.
SWF code a "valuable solution": IMF's Lipksy
John Lipsky, the first deputy managing director of the International Monetary Fund, has said that a voluntary code of conduct for sovereign wealth funds, provisionally agreed Tuesday, would help capital flow efficiently and promote global financial…
SWFs do not distort asset prices
Investments by sovereign wealth funds that are not economically motivated will not distort asset prices, finds new research from the European Central Bank.
US should follow IMF's lead on SWFs
US lawmakers heading a working group on sovereign wealth funds have deemed the International Monetary Fund, not the US Congress, the appropriate forum for addressing funds' transparency and accountability.
SWF report from State Street
The latest report from State Street Corporation, a provider of financial services to institutional investors, assesses the impact of sovereign wealth funds (SWFs) on the global economy. Currently State Street estimates that SWFs have about $3 trillion in…
Motivation should temper SWF fears
Examining the principal motivation for sovereign wealth funds should allay concerns such as fear of industrial espionage or geopolitical threats, states research by Deutsche Bank.
SWFs scaling back dollar holdings, says FT
Sovereign wealth funds are reducing their dollar holdings, the Financial Times has reported.
Japanese SWF proposed
A panel of the ruling Liberal Democratic Party (LDP) has recommended that Japan should establish a sovereign wealth fund managing 10 trillion ($93 billion) in assets drawn from the country's pension reserves to bolster returns.
Sarkozy in SWF U-turn
Nicolas Sarkozy, the French president, is having second thoughts about sovereign wealth funds. So much so that he is even suggesting that France should have one.
Russia seeks greater gains for SWF
Senior Russian politicians have backed plans to create a government agency to enable its sovereign wealth fund to pursue a riskier investment strategy, according to media reports.
Korean SWF could buy Lehman stake
Korea's sovereign wealth fund is one of a number of the country's official institutions that could inject funds into Lehman Brothers, an investment bank, it was revealed on Thursday.
Brazil may fast-track SWF law
Brazil's finance minister on Monday said that the country will set up a sovereign wealth fund in spite of recent reports that the country's president may reject the plans.
Chinese fund to invest $7.4bn in private equity
A Chinese sovereign fund could invest as much as $7.4 billion in the private equity industry.