23rd May, 2022
Saudi Arabia’s US$600 billion Public Investment Fund (PIF) has snapped up a 17% stake in Kingdom Holdings (KHC), a Saudi private investor in industry and real estate majority owned by its billionaire founder Prince Al Waleed bin Talal Al Saud, for US$1.5 billion – suggesting the two entities could align more closely in areas of common interest.
Subscriber Post
16th May, 2022
Filings by Saudi Arabia’s Public Investment Fund (PIF) and Singapore’s state-owned holding company Temasek show they were hit by the shock to markets in the first quarter as the Russian intervention in Ukraine sent the global economy reeling.
Subscriber Post
13th May, 2022
Sovereign wealth funds of Saudi Arabia and Abu Dhabi are among the main losers of Masayoshi Son’s Vision Fund gambles on tech venture capital.
Subscriber Post
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.
Subscriber Post
27th April, 2022
Investment in India’s infrastructure has an enduring attraction for sovereign wealth funds with around US$18 billion allocated to the development of the South Asian economy by state-owned investors from 2016 to date - and Saudi Arabia is set to boost that level even further with new plans that are set to involve green energy expansion.
Subscriber Post
20th April, 2022
The transition to low carbon energy sources is at the top of the agenda of Arab sovereign wealth funds as they seek to diversify domestic and regional economies and gain exposure to progress towards the Paris Agreement’s net zero goals.
Subscriber Post
4th April, 2022
SoftBank’s decision to bail on Indonesia’s plans to build a new capital city in East Kalimantan has prompted the country’s sovereign wealth fund to turn to peers in the Middle East for investment in the US$32.5 billion gigaproject.
Subscriber Post
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.
Subscriber Post
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.
Subscriber Post
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.
Subscriber Post
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.
Subscriber Post
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.
Subscriber Post