Top 26 World’s Largest Sovereign Pension Funds, 2012


Previously, we looked at 2012 top 300 world’s largest pensions fund where Malaysian funds, namely Employees Provident Fund and Kumpulan Wang Persaraan (KWAP) at number 10 and 130 respectively. The different between sovereign and non-sovereign funds are the fund ownership.

Sovereign fund is established by national authorities for the meeting of pension liabilities. So, this raking is quite similar to world’s largest pension funds but without private funds such as General Motors pension funds.

EPF down 1 rank up from 5th spot in 2011 to 6th spot in 2012 with total assets grew from $146 billion to $154 billion.

The table below is top 26 world’s largest sovereign pension funds.

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Hiap Huat Holdings IPO Oversubscribed by 136.10 times


Hiap Huat Holdings

Hiap Huat Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 5 million shares. It was oversubscribed by 136.10 times. The IPO attract 10,263 applications or 685.5 million shares.

The IPO allocate 5 million shares for Malaysian public. In addition, 130 million shares made available for private placement has been placed out.

Below are the allotment summary.

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JStock, Free Software for Stock Market and Portfolio Management

JStock is a free and open source stock market software. It provides well organized stock market information, technical indicators and SMS/email alert. Most importantly, JStock makes it easy for you to keep track and manage your stock investment portfolio.

Jstock developed by talented Malaysia’s programmer, Yan Cheng Cheok. The software development started all the way in 2007 and still actively updated. JStock targeted users are, beginner to intermediate level.

JStock was available in Windows, Linux, Apple (OS X) and Solaris platform.

Currently,there is a poll for the best SourceForge Project. Vote JStock for December 2012 SourceForge Project of the Month here.

Below are the main features of JStock.

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Top 300 World’s Largest Pension Funds, 2012

The following data are as of end 2011. Two (2) Malaysia’s pension funds namely Employees Provident Funds (EPF) and Kumpulan Wang Persaraan (KWAP) listed in top 300 world’s largest pension funds.

EPF drop 1 spot from number 9 in 2011 to number 10 in 2012 with total assets grew from $146 billion to $154 billion.

KWAP, Malaysian second largest pension fund is at number 130 up to nine spots from 139 in 2011. Total assets grow from $22 billion to $25 billion.

The table below is the full top 300 World’s Largest Pension Funds for 2012.

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Hiap Huat Holdings Berhad IPO

Hiap Huat HoldingsHiap Huat Holdings Bhd, a licensed waste oil recycler is scheduled to be listed in ACE Market of Bursa Malaysia on 26th November 2012.

The Initial Public Offering (IPO) consists of public issues of 85 million new ordinary shares at an IPO price of RM0.20 per share at RM0.10 par value.

Out of 85 million new ordinary shares, 50 million shares are for private placement to selected investors and 5 million shares for application by Malaysian public.

The IPO also offer for sale 50 million shares to selected investors.

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