Here now, the news:
- Reserve managers are reportedly getting out of Euros and into Krona, Krone, and Dollars (Aus and NZ).
- South Africa’s ANC is apparently considering a 50% resource-rent tax. (Watch out for new SWF here.)
- Russia's got about $150 billion in its two SWFs. It's reserves have come back a lot since the crisis.
- Namibia, Zambia, ... – these are the frontier markets more that more and more investors are talking about.
- QIA is apparently part of a consortium bidding to buy Turkish airport operator TAV Havalimanlari.
- Samruk-Kazyna has announced it will support BTA's debt restructuring. The SWF will also put $4 billion into Kazmunaigas. In addition, the Kazakh President signed a new National Welfare Fund law. Lots going on in Kazakhstan.
- This just in: Small town Danish dude crushes London and New York's finest. There's a Michael Lewis book in this story somewhere...