20th November, 2021
BlackRock is set to rival the size of the entire sovereign wealth industry with assets under management topping US$10 trillion, supported by a bull market run.
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15th November, 2021
Lucid’s IPO has helped triple the value of US stocks held by Saudi Arabia’s sovereign wealth fund, according to its latest 13F filing with the SEC.
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12th November, 2021
An agreement signed this week between Bahrain’s Mumtalakat and Abu Dhabi’s Mubadala to create a joint investment fund for both countries marks the latest development in intra-GCC economic ties.
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3rd November, 2021
Saudi Arabia’s US$430 billion Public Investment Fund (PIF) is hoping to ramp up its exposure to Chinese public equity with reports in the Chinese press today that it has applied to become a Qualified Foreign Institutional Investors (QFII) – a status that enables direct access to trade “A-shares” of Chinese stocks, denominated in China’s renminbi/yuan (RMB), on Chinese stock exchanges.
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25th October, 2021
Saudi Arabia is set to launch a new National Infrastructure Fund (NIF), under the ambit of the National Development Fund (NDF) and operated by BlackRock, which will use central bank excess forex reserves to pour tens of billions of debt and equity finance into power, water and healthcare projects over the next decade.
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8th October, 2021
Saudi Arabia’s Public Investment Fund and the Abu Dhabi Investment Authority (ADIA) have been approached to help support a US$1.0-1.5 billion investment in Tata Group’s electric vehicle subsidiary by US private equity group TPG Capital.
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7th October, 2021
Gulf sovereign wealth funds are preparing to pour billions more capital into private markets with new hires and restructuring.
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6th October, 2021
Saudi Arabia’s Public Investment Fund (PIF) is set to turn Newcastle United into one of the world’s most valuable football clubs if its planned GBP300 million takeover of the English Premiership side finally gets approval.
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21st September, 2021
While sovereign wealth funds are poised to invest more funds in green bonds to extend their ESG credentials in fixed income, Saudi Arabia’s Public Investment Fund's portfolio companies are issuing their own green bonds to support the fund's domestic economic development plans.
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24th August, 2021
Saudi Arabia is determined to leverage its oil wealth to finance its transition to sustainable energy with its Public Investment Fund backing investment in solar energy.
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16th August, 2021
The US public equities strategies of Public Investment Fund (PIF) and Temasek diverged in Q221, with the Saudi fund making only one change in its stockholdings while the Singaporean state-owned investor ramped up exposures to financial services and retail & consumer sectors.
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28th July, 2021
The auctioning of London-based luxury store chain Selfridges appears to be re-engaging Arab SWFs with the British capital’s premium real estate market.
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