FeaturedWealth ManagementSaudi wealth fund increases holdings in Chinese stocks, gains from Alibaba windfallIFM CorrespondentMay 22, 2024 by IFM CorrespondentMay 22, 2024 According to reports, PIF has boosted its position in Alibaba for the second time in less than a year... Read more
FeaturedWealth ManagementPhilippine President Ferdinand Marcos signs country’s first-ever sovereign wealth fund bill into lawIFM CorrespondentJuly 24, 2023 by IFM CorrespondentJuly 24, 2023 According to Philippine President Ferdinand Marcos, the new fund would be professionally run and unaffected by politics... Read more
BankingFeaturedSouth Africa to set up wealth fund, state bank to improve financial accessInternational FinanceFebruary 15, 2020March 18, 2020 by International FinanceFebruary 15, 2020March 18, 2020 The plans for both proposals were announced by President Cyril Ramaphosa in his 2020 State of the Nation Address... Read more