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Alternatives Boosted in CIC’s Global Investments with Stress on Partnerships

30th August, 2021

The China Investment Corporation (CIC) has followed the trends of other sovereign wealth funds, reporting double-digit growth for 2020, but underneath the headline figures there are signs of ongoing changes in strategy and organization.

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Stocks and Bonds Boost Annual Returns, But Private Markets Drive Long-Term Growth

27th August, 2021

Recent annual returns by state-owned investors have demonstrated that the rally in public equities has boosted portfolios, but long-term returns suggest private markets generate stronger yield.

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A Leap Into The Future for Australian SWF

26th August, 2021

Australia’s Future Fund posted its best result in its history for the financial year to end-June with an annual return of 22.2%, up from -0.9% in FY2019/20, which put its total assets under management at A$196.8 billion (US$147.6 billion).

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Gulf Funds Drawn Into Soft Power Battle Over Kazakhstan

25th August, 2021

The Qatar Investment Authority (QIA) has indicated it is seeking to pump investment into Central Asia’s biggest economy Kazakhstan just months after Emirati fund Mubadala forged deals in the country’s renewable energy sector. Gulf funds are not simply looking for business ventures that generate yield to fulfil their mandate, but also to support economic diplomacy and "soft power" of their governments.

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Saudi Alchemy: From Black Gold to Green Investments

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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Egypt’s TSFE Catalyzes FDI to Boost Development Goals

23rd August, 2021

The Sovereign Fund of Egypt (TSFE) is seeking to channel capital into a range of economic and social development projects, from education to utilities, through public-private-partnerships (PPPs), emulating state-owned investors established in India (NIIF) and Indonesia (INA).

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APG, CalSTRS and ADIA Accelerate the US Renewables Bandwagon

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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Real Assets Boost CDPQ's H1 Return to 5.6% As It Pivots To New Economy

19th August, 2021

The Canadian public pension fund Caisse de dépôt et placement du Québec (CDPQ) reported a mid-year return of 5.6% for end-June, outperforming its benchmark return of 4.4% due to robust performance in real assets and bringing net assets to C$390 billion (US$304 billion).

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Mubadala’s Path to Growth: Debt, IPOs and Fund Raising

18th August, 2021

One of Abu Dhabi's state-owned investors, the US$243 billion Mubadala Investment Company, is working to attract third-party capital from institutional investors as part of its ambitious bid to double its AUM by the end of the decade.

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PNG’s Struggle to Establish SWF Illustrates Challenges Facing Resource-Rich Countries

17th August, 2021

Papua New Guinea’s struggle to start a sovereign wealth fund demonstrates the difficulties facing resource-endowed least developed countries (LDCs) seeking to put their wealth to good use.

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PIF Quiet in US Public Equity Trades, But Temasek Makes Pivot to Finance and Retail

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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Tech Crackdown and Urbanization Could Fuel SOI Interest in Chinese Real Estate

13th August, 2021

With Chinese authorities cracking down on big tech to curb their cultural and economic power, institutional investors are looking at other sectors of the country’s economy for long-term yield.

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