Investment management

Norway's sovereign wealth fund, the world's largest, said yesterday it recorded a loss of 1,637 billion Norwegian kroner ($164 billion) in 2022, citing volatile markets.

The year 2020 was critical for the whole mankind in terms of health fears, as well as concerns over personal wealth, Reuters reported. However, the world crisis was not equally bad for everyone. The world's wealthiest have managed to explore the opportunity caused by the Covid-19 turmoil and added new billions to their bank accounts.

Let’s take a closer look at the returns and risks of investing in gold and considerations for including it in your investment portfolio

At today's regular meeting, the government approved changes to the budget of the Ministry of Finance for 2020 to increase the capital of the Fund of Funds with a cash contribution of BGN 375,000. The increase of the capital of the company will be carried out by issuing new registered shares with a nominal value of BGN 1 each.

A "Turkish House" has been set up at the venue of the World Economic Forum (WEF) in Davos, Switzerland in a bid to promote investment opportunities in Turkey.

It was launched under the guidance of the Treasury and Finance Ministry in coordination with the Banks Association of Turkey.

A joint ministerial decision broadening of the criteria for non-European Union citizens to be granted a five-year residence permit, or Golden Visa, was published in the government gazette on Thursday.

Greece constitutes one of the most "optimistic investment narratives" and the biggest recovery story for foreign portfolios and international fund managers at the moment.

Investor interest in more responsible investments and skepticism towards controversial securities is a growing global trend and one that Greece is having trouble keeping up with.

An Economy Ministry bill tabled on Friday in Parliament provides for the broadening of the criteria for non-European Union citizens to be granted a five-year residence permit, or Golden Visa, beyond the investment of 250,000 euros in local real estate assets.

Conservative opposition leader Kyriakos Mitsotakis will start a two-day visit to the United States on Thursday, where he is expected to meet with fund managers.
On Thursday, he will speak at The Fletcher School of Law and Diplomacy at Tufts University in Boston and on Friday he will meet with investors in New York.