Maybe he's anticipating a bloodbath in risk assets soon so gotta get those funds ready ASAP haha
Maybe he's anticipating a bloodbath in risk assets soon so gotta get those funds ready ASAP haha
How can USD 4.4B be a liquidity provider if the Philippine budget is USD 95B? That $4.4B would generate how much income in a year?
Market misery deals sovereign wealth funds historic setback in 2 22: Study
Doesn't look good so far though Pandemic lingered in 2022. Pero kahit pa sabihin natin na modest 6% income generated ng MIF, that's just $264M and relative to our 2023 budget, a paltry .277%.
Iba talaga kapag may hidden agenda nga naman.
You didn't understand my post
My theory is some very privileged people want to sell their assets
But the market is illiquid
Buyers are unwilling to pay at prices they want
So they create a state fund that will buy the assets
Last edited by uls; June 3rd, 2023 at 01:15 AM.
Btw, sa nabasa ko the fund will be 500 billion php
That's around 9 billion usd
uls what are you talking about?
the fund can buy office buildings?
saan mo narinig yan?
#liquidityprovider
not exactly a ringing and enthusiastic endorsement from the senate's principal sponsor and author himself.
https://twitter.com/_djchacha/status...536808449?s=20
Last edited by baludoy; June 3rd, 2023 at 04:04 PM.
in case someone still didn't get it
my latest theory is the fund will serve as the buyer of assets of a very rich widow
because the assets are losing value they need a buyer that will buy at above market prices
- - - - - - - - - - - - - - - - - - - - - -
you got it
so convenient that they just so happen to control a sovereign wealth fund
a liquidity provider/ loss taker
does the very rich widow own buildings in NYC?
wouldn't surprise me if the year end report reveals the SWF bought NYC buildings
Since that's your theory, my theory is the MIF will be managed well by BBM since Cong. Sandro is still being groomed as the next next president.
Can't have a stinking piece of prized legislation come back to haunt your legacy.
4 NEW YORK BUILDINGS CALLED MARCOS GIFTS TO WIFE - The New York Times
"New York Land or its affiliates manage the four properties, which are worth more than $300 million. The properties are at 730 Fifth Avenue, 40 Wall Street, 200 Madison Avenue and Herald Center at Herald Square."
Let's see. tick tock.
Last edited by Ry_Tower; June 3rd, 2023 at 08:35 PM.
Uls is just stating the obvious that the marcoses are corrupt and that the SWF will be used to bailout their properties in NYC.
Last edited by dreamur; June 4th, 2023 at 10:22 AM.
going back to my theory why i think U S bankers want the Philippines to create a sovereign wealth fund
GS was behind 1mdb's bond issuance in 2012-2013
the issuance raised $6.5B and GS made $600M from that
there's incentive for U S bankers to push for the creation of a SWF
Last edited by uls; June 5th, 2023 at 02:36 PM.
Is it true na si ted herbosa na Ang doh sec?
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