Investopedia

Continue to Site »

International Petroleum Investment Company - IPIC

Filed Under » , , , ,
Dictionary Says

Definition of 'International Petroleum Investment Company - IPIC'

The International Petroleum Investment Company (IPIC) is a government-owned investment organization that manages the sovereign wealth fund for Abu Dhabi, United Arab Emirates. The purpose of the IPIC is to invest internationally within the hydrocarbons industries. According to the IPIC's website, the investment portfolio had approximately $14 billion in assets under management as of 2009.
Investopedia Says

Investopedia explains 'International Petroleum Investment Company - IPIC'

The IPIC invests solely through acquiring major ownership positions in firms. One of its first investments was in 1988 when it acquired a large minority stake in CEPSA, the Spanish refiner. The IPIC is also governed by an eight-member board of directors and is wholly owned by the Government of Abu Dhabi.

Articles Of Interest

  1.

    Institutional Investors And Fundamentals: What's The Link?

    Big-money sponsorship might make a company look good, but it's not always a reliable gauge of stock quality.

  2. An Introduction To Sovereign Wealth Funds

    Countries use sovereign wealth funds to stabilize their economies, but these investments can lack transparency.

  3. Sovereign Wealth Funds - Friend Or Foe?

    SWFs increase long-term demand for financial assets and give U.S. companies better access to capital.

  4. The Pros And Cons Of Institutional Ownership

    These big players can both create and destroy value for shareholders.

  5. Keeping An Eye On The Activities Of Insiders And Institutions

    These transactions reveal much about a stock. We go over what to consider and where to find it.

  6. Investing In REITs Instead Of Property

    Learn why this one particular REIT is a better investment than holding physical property in your retirement portfolio.

  7. Halliburton Has Gotten Interesting Again

    If oilfield activity has bottomed, Halliburton would be a good pick here.

  8. Schlumberger Looks Good At Today's Prices

    Schlumberger remains the best of breed in the oil services sector, and the price is getting attractive.

  9. Multi-Asset Funds Or Your Own Mix?

    The underlying concept of mixed funds is very appealing. Discover if you're better off with professional management or creating a mixed fund of your own.

  10. How To Adjust Your Portfolio In A Bear Or Bull Market

    While investors shouldn’t feel compelled to change their portfolios radically overnight in reaction to the market's daily moves, small adjustments in the face of a bull or bear market could be ...
comments powered by Disqus
Marketplace
Hot Definitions

  1. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  2. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  3. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  4. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  5. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  6. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
Trading Center