Purpose – The purpose of this paper is to provide a detailed overview of the China Investment Corporation (CIC) and its structure, investment activities and possible future investments. Design/methodology/approach – This paper uses a case study approach and builds up a picture of sovereign...

Purpose – The purpose of this paper is to highlight some of the political aspects of sovereign wealth fund investment. Design/methodology/approach – The paper employs a case study approach, bringing together various news articles and reports from around the world to build a picture of the...

Purpose – The purpose of this paper is to highlight a number of issues surrounding the sovereign wealth investment activities of the Chinese Government in Africa. Design/methodology/approach – The paper employs a case study approach, bringing together various news articles and reports from...

Purpose – Where there has been little in-depth understanding of sovereign wealth funds, the purpose of this paper is to describe the complex nature of one of the world's largest sovereign wealth funds, Temasek Holdings (“Temasek”), whose “active” investment strategy has been emulated...

Purpose – The purpose of this paper is to test two hypotheses: first, that the regulatory framework applicable to funds in Malta and the Malta Financial Services Authority's (MFSA's) approach to financial supervision, have been instrumental to the process which made Malta an attractive...

Purpose – The aim of this paper is to analyze the impact of the Markets in Financial Instruments Directive (MiFID) on investment managers but also on funds' units as financial instruments. Design/methodology/approach – Starting from the innovative legislative structure and scope of the...

Purpose – The objective of this paper is to review Spanish regulatory evolution in the collective investment area, which is very recent in its principal aspects. Design/methodology/approach – The paper assesses the way investment funds are impacted by the Markets in Financial Instruments...

Purpose – This paper aims to report and comment on the Court of Appeal ruling on Real Estate Opportunities Ltd v. Aberdeen Asset Managers Jersey Ltd and others. Design/methodology/approach – The paper outlines the facts surrounding this decision and the action involved. Findings – The...

Purpose – The purpose of this paper is to test two hypotheses: first, that the regulatory framework applicable to funds in Malta and the Malta Financial Services Authority's (MFSA's) approach to financial supervision, have been instrumental to the process which made Malta an attractive...

Purpose – This paper aims to consider the role of investment funds in the credit intermediation process and discuss various forms of systemic risk their involvement might give rise to. It concludes by drawing some conclusions on the policy challenges facing authorities charged with regulating...