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The Daily Brief

Hello Capetown! Here's some news for you: - Talal Al Zain resigns. - Nigeria's SWF is all set. - CalSTRS looking to reduce dependence on external managers. - And more...

Hello Capetown! Here's today's news:

  • Mumtalakat's CEO Talal Al Zain has resigned. Here'sthe story. And here'ssome analysis.
  • Nigeria's new SWF is set tocommence operationsin May.
  • CalSTRS isapparentlyconsidering changes in hiring and pay to reduce its dependence on external managers. (SeeFrontier Finance)
  • Trinidad and Tobago's Ewart Williamschats aboutthe country's Heritage and Stabilization Fund.
  • Norway's NBIM isscaling backsome of its investments in Indian infrastructure companies.

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