Sovereign Wealth Fund
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Uber raises $3.5 billion from Saudi Arabia's sovereign wealth fund
Fp Archives •Uber has raised $3.5 billion from Saudi Arabia's sovereign wealth fund, the US ride-hailing service said on Wednesday, gaining a crucial partner in its expansion into the Middle East.
India abandons a stupid idea: no sovereign wealth fund
Jagannathan •A country with huge external debts cannot afford a sovereign wealth funds. It is good that the idea is finally being laid to rest due to penury
Why India's Sovereign Wealth Fund may be a big joke
Jagannathan •An underfunded sovereign wealth fund is in the works. Why do we adopt bad ideas ahead of their time?
Sovereign bonds issue, Yes; sovereign fund, a big No
Jagannathan •Given the need for shoring up our forex reserves, this may be a good time to float a sovereign bond issue. But not a sovereign wealth fund.
Eurozone's souped-up rescue fund risks flop
Fp Archives •Eurozone leaders have signalled their aim is to attract sovereign wealth funds, portfolio managers and institutional investors to invest in the special purpose investment vehicles to buy the distressed debt of euro zone governments.
Global cues are turning positive; now we need good news here
Arjun Parthasarathy •Global signals are tilting towards more positive than negatives in the short-term. This should keep the bulls reasonably happy for a while
Better late than never, $10-bn wealth fund in the works
Fp Archives •The proposed sovereign fund is designed to acquire strategic overseas assets in mining and energy segments to meet India's future needs.<br /><br /> <br /><br />