22nd April, 2021
The White House’s pledge, on Earth Day, to slash carbon emissions by at least 50% is an ambition that will attract a slew of capital from the world’s State-Owned Investors, stimulating global investment in low-carbon energy generation. Global SWF looks at the latest developments in SOI policy and investment.
21st April, 2021
Norges Bank Investment Management (NBIM) reported a 4.0% quarterly return for its GPFG fund in Q121, a performance that was 24 basis points above its benchmark return. Despite the robust return, NBIM faces the challenge of building the capacity to rebalance a portfolio that is weighted heavily towards equities.
20th April, 2021
Temasek is looking to play a central role in the development of hydrogen as the world’s next big "clean" energy source.
19th April, 2021
Mubadala is set to sell down in “legacy commodity sectors” and deploy capital into disruptive industries in technology and healthcare, group chief executive Khaldoon Al Mubarak said at the weekend.
16th April, 2021
Bangladesh is following a growing trend of quasi-SWF infra funds with the launch this week of the Bangladesh Infrastructure Development Fund (BIDF), using a foreign exchange windfall. Yet, the BIDF carries the risk of potentially risky FX reserve depletion and the build-up of a bad loan portfolio that could ultimately undermine its purpose.
14th April, 2021
Mubadala has made its first entry into the Australian logistics real estate market with a joint venture with Logos and KKR.
13th April, 2021
The Investment Management Corporation of Ontario (IMCO) achieved a 5.4% net return in 2020, boosted by strong returns in private equity (+34.2%) and global credit (+11.1%) and meeting its return benchmark index. Its AUM grow to C$73.3 billion (US$58.2 billion), from C$70.3 billion.
12th April, 2021
State-owned investors' push for divestment from Myanmar over human rights abuses by the military junta could set the bar for ESG policies towards other markets in the future.
9th April, 2021
Abu Dhabi sovereign wealth fund Mubadala is continuing to explore avenues for liquidity with preparations for an IPO in its semiconductor business GlobalFoundries.
8th April, 2021
Real assets were in the sights of public pension funds this week with a clear preference for developing partnerships and backing co-investment platforms.