Layout:

CPP Long-Term Return Soars to New Heights as Alternatives Boosts Earnings in Q2 FY2022

12th November, 2021

CPP Investments has notched up its best long-term return in its 22-year history, following a 3.8% return in Q2 of its current financial year.

Subscriber Post

SWFs Cement Intra-GCC Economic Ties, But Qatar Is Left On A Limb

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.

Subscriber Post

American Seaports Sensitivity Raises Concerns Over CPP's US$4bn Deal

10th November, 2021

It is over 15 years since controversy flared up over Dubai Ports World’s aborted acquisition of port management businesses in US seaports, ostensibly over alleged national security threats posed by selling strategically important infrastructure to an Arab government – albeit a close US ally.

Subscriber Post

State Investors Back Takeover of Cybersecurity Leader McAfee

10th November, 2021

A US$14 billion deal to buy out cybersecurity firm McAfee has found the backing of Canadian public pension fund CPP, Singaporean sovereign wealth fund GIC and a subsidiary of the Abu Dhabi Investment Authority (ADIA).

Subscriber Post

ADG - the latest addition to the SWF capital of the world

8th November, 2021

Last March, Global SWF issued a special analysis on Abu Dhabi Inc., with a description of the four main SWFs operating out of the emirate today and with the first-ever estimate of ADQ’s assets under management (AuM), at US$ 110 billion. We also discussed the uncanny resemblance of the newest fund with its sister organization Mubadala, and how the new vehicle fitted in the overall macroeconomic goals.

Subscriber Post

QIA Anchors Rwanda-Based Regional Fund as It Continues its Push into Africa Via Kigali

6th November, 2021

The Qatar Investment Authority has thrown its weight behind the US$250 million Virunga Africa Fund I as an anchor investor, alongside the US$2 billion Rwanda Social Security Board (RSSB).

Subscriber Post

Another Top Ten Hit for Singapore's GIC with US Industrial Property Push

5th November, 2021

Singaporean sovereign wealth fund GIC announced its fifth biggest investment this week, participating as lead investor in the purchase of 328 industrial properties in the US from Swedish private equity firm EQT for US$6.8 billion.

Subscriber Post

PIF Prepares for Surge into Chinese Stocks with QFII Application, but Risks are High

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.

Subscriber Post

Sovereign Investors accelerate push to Renewable Energy

2nd November, 2021

Investments in Renewable Energy are still inadequate and minuscule compared to the firepower of State-Owned Investors: SWFs have invested US$ 35.3 billion in 105 deals, and PPFs have deployed US$ 40.6 billion in 94 transactions. The efforts are bigger, in relative terms, in those organizations with dedicated programs, e.g. Mubadala’s Masdar, or PensionDanmark’s CIP.

Subscriber Post

Fund of the Month (Nov'21): PensionDanmark

1st November, 2021

PensionDanmark is one of Denmark’s largest labor market pension funds, with US$ 49.9 billion in assets as of June 30, 2021. It is also known as one of the world’s greenest investors, with US$ 3.7 billion invested and/or committed to unlisted renewable energy, and for having co-founded of the UN-convened Net-Zero Asset Owner Alliance (NZAOA). We had the immense pleasure of chatting with its CEO, Mr. Torben Möger Pedersen, who has led the fund since its establishment in 1993.