My initial reaction to Henny Sender’s front page FT article was probably the opposite of most. I wasn’t all that surprised that sovereign funds are reducing their dollar exposure -- though cutting …

SAFE is China’s State Administration of Foreign Exchange. It enforces China’s capital controls -- and manages the foreign exchange reserves of China’s central bank. Lately though it hasn’t necessa…

Henny Sender has an excellent account of China’s decision not to allow the China Development Bank (CDB) to invest in Citibank in January in Monday’s Financial Times. It follows on Richard McGregor…

Thanks to Henny Sender of the Wall Street Journal.    One reason why the Abu Dhabi Investment Authority (ADIA) has gotten so big so fast is that it had (and still has) a lot of money invested in emer…

And this time it let the dinar rise by a bit more than in the past.   1.7% is a lot more than the dinar moved the last two times (0.4% and 0.7%).  Monica Malik of EFG-Hermes: ``They're revaluing beca…