Egyptian businessman Naguib Sawiris said he was looking to diversify his interests into sought-after battery metals and was confident that five new gold prospecting and mining concessions in Egypt would soon be approved.According to Reuters, “his gold fund has agreed to sell its controlling stake in Golden Star Resources Ltd, one of three gold companies …
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On Thursday morning, 11th November 2021, our Evenco International Fund Forum returned to Helsinki at the Hotel Kämp. The exclusive morning conference united professionals in the management and distribution of funds, institutional investors, fund selectors and discretionary managers, to discuss and debate the latest ideas in investment thinking. Presentations took place from our conference sponsors, with …
The Finnish-owned Taaleri SolarWind 2 fund has acquired 100% ownership of the 50MW Niebla solar farm in Spain. According to Renews, “the ready-to-build project is located in the municipality of San Juan del Puerto in Andalusia, approximately 70km west of Seville. Annual production of electricity will be approximately 107 gigawatt-hours.” Construction will start in December …
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A Hong Kong-listed Chinese onshore bond fund saw its size jump 10-fold over the past month on strong money inflows, according to its asset manager, underscoring growing foreign interest in the world’s second-biggest bond market.The CSOP Bloomberg China Treasury + Policy Bank Bond Index ETF saw its asset under management (AUM) increase to more than 5 …
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A planned pan-European payments network backed by 22 banks to compete with U.S. duo Mastercard and Visa appealed on Tuesday for public money, saying its private backers were not prepared to stump up all the cash needed. Reuters state that “the European Payments Initiative (EPI) was launched last year and is seeking to get more …
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Singapore has recently returned an estimated $16.3 million to Malaysia linked to a multibillion-dollar scandal at state fund 1MDB, Malaysia’s anti-graft agency said today (19 November).According to Reuters, “U.S. authorities say about $4.5 billion was siphoned from 1Malaysia Development Berhad (1MDB) between 2009 and 2014, in a globe-spanning theft that has implicated high-ranking officials and …
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