The Daily Brief

Hello Capetown! Here’s some news for you: - Talal Al Zain resigns. - Nigeria’s SWF is all set. - CalSTRS looking to reduce dependence on external managers. - And more...

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Hello Capetown! Here’s today’s news:

  • Mumtalakat’s CEO Talal Al Zain has resigned. Here’s the story. And here’s some analysis.
  • Nigeria’s new SWF is set to commence operations in May.
  • CalSTRS is apparently considering changes in hiring and pay to reduce its dependence on external managers. (See Frontier Finance)
  • Trinidad and Tobago’s Ewart Williams chats about the country’s Heritage and Stabilization Fund.
  • Norway’s NBIM is scaling back some of its investments in Indian infrastructure companies.
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