Good morning, London. Nice to be here. I come bearing news:
- CIC buys 5% of Russia’s largest gold producer.
- Joe Dear talks (on TV) about what went wrong during the crisis at CalPERS and what he’s doing about it.
- Eike Batista says he likes the “stamp” of legitimacy that comes with the Mubadala investment.
- Hassad Australia, a unit of Hassad Food, which is itself a unit of the Qatar Investment Authority, buys farms.
- “ADIA is a school” for young emirates in Abu Dhabi.
- CalSTRS Chris Ailman: “Clearly Europe is going to be in a recession for a long time.”
