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The Daily Brief

Today's news: - Hong Kong considers setting up a new sovereign fund. - GCC foreign assets grew by half a trillion dollars in 2011. That's a lot. - TIAA-CREF launches a new co-investment vehicle for agriculture. Cool. - And lots more...

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.

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