A small private placement would not normally spike interest, but when the Organization of the Petroleum Exporting Countries Fund for International Development sold a $50m trade earlier this month, it marked the arrival of a brand-new supranational borrower in the capital markets. The Opec fund will not be a huge borrower, with an approved funding programme of up to $3.5bn of total outstanding long-term debt between 2023-25. But it will be an important borrower for investors to gravitate towards with an increasing focus on impact investing.
Flight to safety versus fight for returns By Clive Horwood The 2022 edition of OMFIF’s Global Public Pensions paints a clear and stark picture of the fundamentally changed investment challenges facing the world’s biggest asset owners.
MEETINGS Economic priorities for France and the euro area Monday 12 December, Roundtable Sébastien Raspiller, head of the financial sector department at the French Treasury, discusses economic priorities for France, including growth and inflation expectations and the impact of Russia’s invasion of Ukraine.
ON DEMAND Future of payments 2022 For the launch of OMFIF’s annual ‘Future of Payments’ report, the panel discussed the frictions involved in cross-border payments. The panel explored the technical and regulatory changes necessary to make payments quicker, safer, cheaper and more accessible.
LATEST REPORT Global Public Pensions 2022 The 2022 edition of OMFIF’s Global Public Pensions paints a clear and stark picture of the fundamentally changed investment challenges facing the world’s biggest asset owners.
