The Daily Brief

Ashby Monk

Today’s news of note:

  • Nigeria (officially) seeds its new SWF with $1billion and hires KPMG to put in place a new management team! This is great news.
  • Mubadala is apparently parachuting a new CFO into Aldar to button things up.
  • Timor Leste continues to debate a new law that would allow a more diversified investment approach from the country’s SWF.
  • Former Future Fund GM Paul Costello is taking over at Blackstone Australia.
  • South Korea’s $11 billion Military Mutual Aid Association has a new boss.
  • IPIC offers Aabar an interest free loan worth $2 billion.

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About

This website is a project of Professor Gordon L. Clark and Dr. Ashby Monk of the School of Geography and the Environment at the University of Oxford. Their research on sovereign wealth funds is funded by the Leverhulme Trust and The Rotman International Centre for Pension Management.

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