2nd May, 2022
Comparing returns across State-Owned Investors is never easy and it always takes a lot of assumptions and disclaimers. Yet, most funds have now reported their FY21 results, and we have looked at the average investment returns for the past six years (which we consider a fair investment cycle) across 20 major SWFs and 20 major PPFs in an apples-to-apples analysis.
28th April, 2022
The Abu Dhabi Investnent Authority (ADIA), Singapore’s GIC and Norway’s Norges Bank Investment Management (NBIM) are among those engaged in talks as potential anchor investors in the floatation of government-owned Life Insurance Corporation of India (LIC), reports Bloomberg.
25th April, 2022
The acquisition of a 75% stake in Paddington Central – a significant area of prime real estate regeneration in London – by Singaporean sovereign investor GIC demonstrates a revival of interest in the British capital’s real estate market, as it shakes off the risks associated with Brexit and the pandemic.
11th April, 2022
The market debut of Indonesia’s largest tech company GoTo is an undoubted success, particularly for its backers who include the Abu Dhabi Investment Authority (ADIA) as well as Singapore’s state-owned investors.
8th April, 2022
The Central Bank of Singapore, known as the Monetary Authority of Singapore (MAS) today announced that it has transferred excess foreign reserves of US$ 55 billion to the Government – or, effectively, to the Sovereign Wealth Fund, GIC. The latter now manages assets in excess of US$ 799 billion, according to estimates of Global SWF.
28th March, 2022
This week marks the end of FY2022 in Singapore, and its various state-owned investors are busy wrapping up the year. In February, the Government released the estimated budget deficit for the year (SG$ 5.4 billion), despite expecting to withdraw the highest ordinary dividend (known as NIRC) to date, at SG$ 21.6 billion or US$ 16.0 billion.
18th March, 2022
Sovereign funds are key investors in the digitalization of emerging market economies, with e-commerce becoming a prime target for venture capital sprees in recent years.
16th February, 2022
Sovereign wealth funds and public pension funds are playing a major role in India’s ambition to increase renewables to 50% of electricity generation by 2030.
7th February, 2022
State-owned investors are showing growing confidence in the revival of the travel sector with a renewed impetus for hotel acquisitions.
29th January, 2022
Data centers are the infrastructure of the tech revolution and Singapore’s sovereign wealth fund GIC is boosting the digital superhighways of Asia with more capital.
25th January, 2022
Recent weeks have seen a continuation of a theme seen in 2021, when state-owned investors (SOIs) piled record amounts of investment in real estate joint venture partnerships with developers.
13th January, 2022
Singapore’s sovereign wealth fund GIC will be boosted by around S$185 billion (US$137 billion) following the passing of a law that will lead to a reduction in foreign reserves held by the Monetary Authority of Singapore (MAS).