The Daily Brief

Today’s institutional investment news of note...

And now, the news:

  • Political unrest in Papua New Guinea may be preventing rapid passage of the country’s SWF Bill.
  • Medvedev may raid Russia’s National Welfare Fund (set up to pre-fund pensions) for domestic infrastructure.
  • The China Investment Corporation and Singapore’s GLP are creating a JV to acquire 15 Japanese logistics firms.
  • It looks like most of Libya’s frozen assets will be thawed in the coming month. And, on that note, the Libya Investment Authority is apparently back at work, as it just cut a deal with Indonesia’s Medco.
  • In case you’re into this sort of thing, as I am, here’s South Carolina Retirement System’s annual report.
  • Why is it the only time I read about the Brunei Investment Agency is in stories about hotels? Is this all the BIA owns? Or is there something particularly transparent about the hotel industry?
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