20th August, 2021
The formation of a US clean energy firm Arevon Energy by APG, CalSTRS and ADIA this week comes hot on the heels of US Senate approval of a US$1.2 trillion bipartisan infrastructure bill that underscores the Biden administration’s renewable energy agenda.
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12th August, 2021
Climate risk is a top priority for Norges Bank (NBIM), the manager of the world’s biggest sovereign wealth fund, the US$1.38 trillion Government Pension Fund Global (GPFG). While NBIM has made significant efforts to slash its carbon footprint, it still has a further journey to make even to match some of its peers – and the slow pace of transition is denying GPFG potential growth.
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2nd August, 2021
The infrastructure arm of Ontario’s public employees pension fund OMERS has taken a chunk of Indian renewables producer Azure Power, which is majority owned by Québec’s CDPQ. Yet, Global SWF research finds that state-owned investors are increasingly reticent about risks in the Indian renewables market, while at the same time they are being lured to developed markets where opportunities are opening up in energy transition.
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1st July, 2021
We are pleased to present the results of the 2021 edition of our GSR Scoreboard, which has become a critical tool of analysis of Sovereign Investors’ Governance, Sustainability and Resilience efforts.
16th June, 2021
State-owned investors overhauled their approach to investment in the UK due to Brexit and the impact of Covid-19, Global SWF CEO Diego López told the UK’s House of Commons Select Committee on International Trade today.
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20th May, 2021
Foreign policy concerns are influencing state-owned investors’ approach to investing in Israel, with Arab rapprochement with this advanced economy contrasting with growing European caution about human rights.
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29th April, 2021
The British government’s bid to “build back better” from the economic crisis sparked by the pandemic has prompted it to adopt ambitious targets for carbon reduction that will entice SOIs to participate in an expected surge of renewables projects.
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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.
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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.
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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.
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7th April, 2021
NBIM’s acquisition of a 50% stake in the Borssele 1 and 2 wind farm off the Netherlands for US$1.63 billion is the firing shot for the Norwegian sovereign fund Goliath's plans to devote 2% of its AUM to renewable energy
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5th March, 2021
The China Investment Corporation could soon overtake GPFG as the world’s biggest sovereign wealth fund after a roaring performance in international and domestic returns that beat the gloom of the pandemic. Global SWF estimates AUM is now over US$1.2 trillion, putting it neck and neck with Norway’s US$1.3 trillion fund.
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