28th March, 2024
The UK’s biggest water utility, Thames Water, which is two-thirds owned by state-owned investors, looks set to be renationalized – at least temporarily – after its shareholders refused to throw it a financial lifeline.
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22nd March, 2024
In a sign that venture capital is rebounding from a dismal 2023, the Abu Dhabi Investment Authority (ADIA) is reportedly in talks to back a late stage funding round by India’s Pocket FM as it seeks to advance its audio streaming service into new markets.
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21st March, 2024
The hiking of interest rates has impacted on real estate valuations, leading to a shortfall in supply of finance for borrowers with maturing loans. Lenders are looking for more capital to approval debt renewals, creating opportunities for higher margins – and winning the interest of big sovereign investors.
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20th February, 2024
Indian highways could receive another capital boost from Canada, despite the geopolitical ructions between Delhi and Ottawa, with CDPQ among those expressing interest in acquiring a roads portfolio from India’s quasi-sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF).
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2nd February, 2024
The central position sovereign wealth funds are taking in India’s economic development was highlighted in the FY2024/25 budget published this week, with Finance Minister Nirmala Sitharaman extending their tax benefits and continuing exemption for businesses located at the International Financial Services Centre in the Gujarat International Finance Tec-City (GIFT City).
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11th January, 2024
Indonesia’s sovereign wealth fund INA has won the support of the US$984 billion Abu Dhabi Investment Authority (ADIA) and Europe’s biggest public pension fund, the Netherlands’ US$546 billion APG, for toll road platform that is starting with the Trans Java Toll Road mega-project.
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3rd January, 2024
The Thames Water debacle has burned the fingers of state-owned investors who had backed the privatized water utility, in the belief infrastructure assets in a stable, well-regulated market like the UK were a safe bet.
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29th December, 2023
This year saw Global SWF publish 250 daily articles on the latest developments in the sovereign wealth universe at a time of rising geopolitical tensions, economic slowdown and high inflation.
15th December, 2023
On Monday, January 1, 2024, we will be releasing the industry’s most timely, rigorous, and insightful account of the activity and trends of Sovereign Wealth Funds and Public Pension Funds during 2023. The report is titled “State-Owned Investors Powering Through Crises” and includes the following sections:
14th November, 2023
The Abu Dhabi Investment Authority (ADIA) and Malaysia’s Employees Provident Fund have backed the MYR5.7 billion (US$1.2 billion) takeover of southeast Asian hospital operator Ramsay Sime Darby Healthcare by private equity firm TPG and Hong Leong Group.
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9th November, 2023
State-owned investors continued to slash their Chinese equity holdings in 2023 due to heightened geopolitical risks, poor returns and reduced IPOs.
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18th October, 2023
On Wednesday, the Geneva-based United Nations Conference on Trade And Development (UNCTAD) presented a report titled “A Sustainability Integration Framework for Institutional Investors”, which it drafted with the assistance of Global SWF during 2022 and 2023.
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