Here now, the news:

• Hong Kong considers setting up a new sovereign fund.
• The Kuwait Investment Authority will be getting a new headquarters .
• GCC foreign assets grew by half a trillion dollars in 2011 and are expected to grow by another $300 billion in 2012.
• Abu Dhabi's interest in Manchester apparently extends beyond the football pitch. 
• TIAA-CREF launches an agriculture investment company with BCIMC, AP2, and CDPQ as backers.