- SIC whitepaper for U.S. Issuers published in CFO magazine.
Financial officers and investment relations professionals at U.S. issuers can benefit greatly from a better understanding of sovereign investors. In the case of hundreds of U.S. issuers, there is a very good chance that sovereign investors may now already own some of their shares. Dealing with existing and possible future investments by sovereign investors requires that CFOs and investor relations officers understand the interests, issues and problems of these unique investors. This whitepaper provides a basis for U.S. issuers to better understand sovereign investor, their operations, the applicable laws, the costs and benefits of seeking sovereign investment, the hidden dangers and a few practical suggestions.
- Will Congress increase scrutiny of sovereign funds in 2009? Goldman Sachs sure seems to think so. According to the Congressional newspaper The Hill "Goldman Sachs has hired one of Washington’s top lobbyists for foreign investors ahead of a legislative year in which Congress may increase its oversight of foreign sovereign wealth funds." Goldman reportedly increased it's Washington office staff by 50% to "handle a broad range of international issues that impact our firm."
- The Housing Bubble and Sovereign Funds (You knew that there had to be some connection at some point) - According to the August 11 NY Post "There's a new land grab starting in America.
Foreign money, which up to now has focused its attention on investing in iconic commercial real estate - like Barneys New York and the Chrysler Building - is now moving to scoop up tens of thousands of discounted foreclosed homes across the country." The whole story is here.
- Oxford International Review (OIR) is an international affairs journal which operates a blog on soveriegn investment. On July 17th, the OIR hosted a Q&A session with the Sovereign Investment Council as "
a SWF expert, stakeholder or policymaker". The compete interview can be found at http://oxfordir.org.uk/page/3/
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