Latest News for: Singapore wealth fund

Edit

Global finance CEOs make first post-COVID visits to China

FX Empire 31 Mar 2023
... (CIC), this week, according to official social media posts from the $1.35 trillion sovereign wealth fund ... Senior executives from Singapore’s sovereign wealth fund Temasek, Canada’s insurance group Manulife and Japanese Daiwa Securities also held meetings with CSRC’s Yi.
Edit

BlackRock, KKR eye new backers for ADNOC oil pipeline investment

Gulf News 24 Mar 2023
... giving investors in their earlier funds a chance to cash out ... ADNOC, which owns the remaining stake in the pipeline entity, reduced its stake to 51 per cent after selling shares to Abu Dhabi Retirement Pensions & Benefits Fund and Singapore sovereign wealth fund GIC in 2019.
Edit

Too big for Switzerland? Credit Suisse rescue creates bank twice the size of the economy

CNN 23 Mar 2023
“For a start, the reputation of Switzerland has been damaged forever.” That will benefit other wealth management centers, including Singapore, he told CNN. Singaporeans are “celebrating… because there is going to be a huge inflow of funds into other wealth management ...
Edit

Dunearn Investments sells 2.8 pc stake in Devyani International for Rs 499 cr 

Financial Express 21 Mar 2023
Dunearn Investments is a wholly-owned subsidiary of Singapore’s sovereign wealth fund Temasek Holdings while Devyani International is the largest franchisee of Yum Brands in India ... Franklin Templeton Mutual Fund A/CFranklin India Flexi Cap Fund bought 62 lakh shares ...
Edit

Shifting gears: Bandhan MF plans to unlock its growth potential

Live Mint 19 Mar 2023
The name change comes after the Securities and Exchange Board of India approved the acquisition of IDFC MF by Bandhan Financial Holdings (the parent company of Bandhan Bank), GIC (Singapore government’s sovereign wealth fund) and private equity firm ChrysCapital.
Edit

Credit Suisse: How did it get to crisis point?

RTE 19 Mar 2023
In the early days of the global financial crisis in 2008, UBS took on Singapore sovereign wealth fund GIC as an investor, but the stake sell-down ultimately resulted in a loss for GIC, a cautionary tale for potential backers ... Credit Suisse has a local Swiss bank, wealth management, investment banking and asset management operations.
Edit

Stripe’s $7 billion capital raise is an awesome show of strength

The Times/The Sunday Times 19 Mar 2023
This is hardly surprising ... There is no sign of big backers bailing, and the company has also bagged two of the world’s biggest sovereign wealth funds in Temasek and GIC of Singapore. Not aSponsored. Related articles. BRIAN CAREY . AGENDA ... .
Edit

DLF to invest around ₹3,500 cr in next 4 yrs for housing project in Gurugram

Live Mint 19 Mar 2023
... across the residential and commercial segments.Rent-yielding commercial assets are largely held by DLF Cyber City Developers Ltd (DCCDL), which is a joint venture between DLF and Singapore sovereign wealth fund GIC.DLF holds nearly 67 per cent stake in the joint venture.
Edit

DLF to invest around ₹3,500 cr for housing project in Gurugram

Hindustan Times 19 Mar 2023
The total construction cost will be around ₹3,500 crore over the next four years, DLF group executive director Aakash Ohri said. (HT PHOTO) (Representational Image) ... Also Read ... Report ... Rent-yielding commercial assets are largely held by DLF Cyber City Developers Ltd (DCCDL), which is a joint venture between DLF and Singapore sovereign wealth fund GIC.
Edit

DLF to invest around Rs 3,500 cr in next 4 yrs to construct housing project ...

Deccan Herald 19 Mar 2023
DLF will develop a new group housing project 'The Arbour', which is spread over 25 acre and comprises 5 towers with a total of 1,137 premium apartments ... Also Read ... Rent-yielding commercial assets are largely held by DLF Cyber City Developers Ltd (DCCDL), which is a joint venture between DLF and Singapore sovereign wealth fund GIC ... Sign Up ... Twitter .
Edit

Explainer: Credit Suisse: How did it get to crisis point?

The Times of India 18 Mar 2023
In the early days of the global financial crisis in 2008, UBS took on Singapore sovereign wealth fund GIC as an investor but the stake sell-down ultimately resulted in a loss for GIC, a cautionary tale for potential backers ... Credit Suisse has a local Swiss bank, wealth management, investment banking and asset management operations.
Edit

Stripe nearly halves valuation to $50 bln following $6.5 bln raise

Reuters 16 Mar 2023
The latest funding marks a steep decline in the valuation of the fintech startup, which was valued at $95 billion in March 2021 ... New investors such as Singapore's sovereign wealth fund GIC, Goldman Sachs Asset and Wealth Management and Temasek also participated in the round, Stripe said.
Edit

What happened at Credit Suisse and how did it reach crisis point?

Reuters 16 Mar 2023
The sell-off in Credit Suisse's shares began in 2021, triggered by losses associated with the collapse of investment fund Archegos and Greensill Capital ... In the early days of the global financial crisis in 2008, UBS took on Singapore sovereign wealth fund GIC as an investor but the stake sell-down ultimately resulted in a loss for GIC.
Edit

Explainer-Credit Suisse: How did it get to crisis point?

FX Empire 16 Mar 2023
The sell-off in Credit Suisse’s shares began in 2021, triggered by losses associated with the collapse of investment fund Archegos and Greensill Capital ... In the early days of the global financial crisis in 2008, UBS took on Singapore sovereign wealth fund GIC as an investor but the stake sell-down ultimately resulted in a loss for GIC.
Edit

Explained | How did Credit Suisse get to a crisis point?Credit Suisse ranks among the ...

Deccan Herald 16 Mar 2023
The sell-off in Credit Suisse's shares began in 2021, triggered by losses associated with the collapse of investment fund Archegos and Greensill Capital ... In the early days of the global financial crisis in 2008, UBS took on Singapore sovereign wealth fund GIC as an investor but the stake sell-down ultimately resulted in a loss for GIC.

Most Viewed

In this photo provided by the Belarusian Presidential Press Service, Belarusian President Alexander Lukashenko delivers a state-of-the nation address in Minsk, Belarus, Friday, March 31, 2023
AP / Belarusian Presidential Press Service
European Commission President Ursula von der Leyen delivers her speech at the European Parliament, Wednesday, Oct. 19, 2022 in Strasbourg
AP / Jean-Francois Badias
Police officers stand outside Manhattan Criminal Court in New York, Thursday, March 30, 2023.
AP / Yuki Iwamura
Russian President Vladimir Putin attends a ceremony to open new pharmaceutical production facilities in the Kaliningrad Region, Mordovia and St Petersburg via videoconference in Moscow, Russia, Thursday, March 30, 2023.
AP / Gavriil Grigorov/Sputnik, Kremlin Pool Photo
File - Russian President Vladimir Putin, right, and North Korea's leader Kim Jong Un take an elevator heading to the talks in Vladivostok, Russia on April 25, 2019. As North Korea conducts more powerful weapons tests — and threatens pre-emptive nuclear strikes on Washington and Seoul — it may be taking inspiration from the fiery rhetoric of the leader of a nuclear-armed member of the U.N. Security Council: Russia's Vladimir Putin.
AP / Alexei Nikolsky/Sputnik, Kremlin/Pool Photo via AP, File
×