31st March, 2022
Abu Dhabi sovereign wealth fund Mubadala is seeking to deepen its partnership with leading global asset manager BlackRock with plans to invest in Tata Power’s new Indian renewable energy arm.
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30th March, 2022
Most English football fans advocate an independent regulator with the power to ban ownership by sovereign wealth funds or individuals linked with foreign governments, according to a survey of 10,500 supporters of Premier League clubs by The Mail on Sunday newspaper.
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24th March, 2022
Saudi Arabia is striding forward with its Vision 2030 program, with the Kingdom’s sovereign wealth fund the Public Investment Fund (PIF) setting the pace.
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16th March, 2022
British Prime Minister Boris Johnson is set to secure a multi-billion dollar deal with Saudi Arabia’s Public Investment Fund (PIF) as he courts the Middle Eastern kingdom for post-Brexit investment deals and cement strategic alliances.
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5th March, 2022
With crude prices soaring past US$100/b amid geopolitical risks generated by Russia’s invasion of Ukraine, sovereign wealth funds in the Gulf region are set to be flush with liquidity and free from fiscal pressures.
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25th February, 2022
As it launches new offices in Hong Kong, London and New York, Saudi Arabia’s Public Investment Fund (PIF) is looking at paring back its US$90 billion stake in oil major Saudi Aramco, which was gifted to it by the government earlier this month, and potentially diversifying its private equity and real assets strategies.
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15th February, 2022
Stock exchange filings by state-owned investors, published this week, saw a divergence in strategy and positions in Q4 2021, with leaps in some portfolios slightly offset by downward adjustments in others.
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14th February, 2022
Saudi Arabia’s Public Investment Fund (PIF) has received a US$80 billion shot in the arm with the Kingdom’s government transferring a 4% in national oil company Aramco to the ownership of the sovereign wealth fund – less than two years after the completion of PIF’s sale of a 70% stake in Saudi chemicals major SABIC to Aramco for US$69 billion.
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8th February, 2022
Saudi Arabia’s Public Investment Fund (PIF) has added Capcom and Nexon to its portfolio of chunky stakes in gaming stocks, making the sector one of its biggest targets in its public equity strategy and adding to its rapidly growing exposure to the gaming and eSports market.
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30th December, 2021
As the world gears up for the 2022 World Cup in Qatar, unconfirmed reports suggest Saudi Arabia’s Public Investment Fund (PIF) is set to bid for Italian Serie A side Inter-Milan.
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13th December, 2021
This morning, H.E. Yasir Al-Rumayyan spoke at the Saudi Budget 2022 Forum chaired by the Minister of Finance in Riyadh. PIF’s Governor confirmed that the fund’s asset under management had reached SAR 1.8 trillion, i.e., US$ 480 billion, by the end of September 2021. This compares to US$ 425 billion at the end of Q1, and it is one of the fastest growths we have seeing this year among SWFs. PIF has now past China’s NSSF and climbs to 8th position among the world’s largest SWFs.
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23rd November, 2021
Latest data on Chinese A-shareholdings show that the world’s biggest sovereign wealth funds and public pension funds are moving in radically different directions as their emerging market equities strategies diverge.
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