Russia is the 6th largest economy in the world.
See More: http://rdif.ru/Eng_Numbers/
Sovereign Wealth Funds (SWF)
The Russian Direct Investment Fund (RDIF) is a $10 billion [SWF] fund established to make equity investments primarily in the Russian economy.
In all of its investments, the fund is uniquely mandated to secure co-investment that as a minimum matches its commitment – thus acting as a catalyst for direct investment into Russia.
RDIF together with its co-investors invested and committed over $7 billion for this purpose, of which RDIF alone invested $1.3 billion and over $6 billion came from blue chip international co-investment partners.
RDIF also attracted over $15 billion of foreign capital into the Russian economy through long-term strategic partnerships.
The fund was created in 2011 under the leadership of the President and Prime Minister of the Russian Federation and is managed by a highly qualified team of private equity investment professionals with broad international and Russian experience.
is an investment company [SWF] based in Singapore with a multinational staff of 490 people; portfolio is S$223 billion and is focused primarily in Asia
President of South Korea, Park Geun-hye, met with executives from Temasek Holdings, Singapore’s sovereign wealth fund, and discussed expanding the fund’s investments in Korea and other matters of mutual interest.
“I am glad that the Temasek Connection conference is being held in Korea this year, after it was postponed last year due to the deterioration of South Korea-North Korea relations,” said President Park in a meeting at Cheong Wa Dae on May 27. “I hope the conference will be a good chance to understand Korean industries and culture, and to find new opportunities for investment in areas with high growth potential.”
President Park also expressed her gratitude to Temasek for investing in promising Korean startup companies and small- and medium-sized enterprises. “Korea has a competitive edge in automobiles and IT industries, as well as creative industries, such as music and television. Thus, there are many companies in which Temasek could be interested in investing,” the president added.
Below is a curious research paper:
Barriers to Long-Term Cross-Border Investing: A Survey of Institutional Investor Perceptions
Committee on Global Thought, Columbia University
Columbia Business School – Department of Economics; Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI)
Laurence H. Wilse-Samson
Tsinghua University – PBC School of Finance; Columbia University
SWF Research Initiative, Amundi – Credit Agricole Group
September 17, 2014
Rotman International Journal of Pension Management, Vol. 7, No. 2, 2014
Because of market failures, domestic investment resources are often insufficient to fully finance the public and private capital formation critical to global wealth preservation and growth. It is thus important to understand the factors that drive cross-border investments, including the potential fit between the objectives of international long-term investors and public policy objectives. This article reports the results of a survey of such investors.
The survey also found a surprising gap between the responding funds’ aspiration to be long-term investors and their apparent willingness and/or ability to implement long-term investment strategies. These findings highlight the importance of a facilitative policy environment for understanding the benefits of, and implementing, long-horizon cross-border investments.
Number of Pages in PDF File: 11