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OMERS Bucks Trends With Positive 2022 Return, But Lags Peers in Multi-Year Yields

28th February, 2023

Canadian public pension fund Ontario Municipal Employees Retirement System (OMERS) reported a 4.2% return in 2022, notching up C$4.9 billion (US$3.6 billion) in investment gains.

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Indonesia's Geothermal IPO is World's Third Biggest this Year, Thanks to SWF Backing

27th February, 2023

The UAE sovereign-backed green energy group Masdar and Indonesia’s sovereign wealth fund the Indonesia Investment Authority (INA) were leading participants in the IPO of Pertamina Geothermal Energy (PGE), one of the world's biggest geothermal energy producers.

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QIA Gets Ready to Invest Gas Windfall

23rd February, 2023

The Qatar Investment Authority (QIA) is set for a big cash injection from the Gulf state’s natural gas bonanza, just as the fund is pushing ahead with an investment strategy that increasingly focuses on venture capital.

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OIA Wins Mubadala's Support For Oman Infrastructure Push

22nd February, 2023

The Oman Investment Authority (OIA) is increasingly central to the Gulf state’s economic development as the government seeks to improve the business climate and bolster infrastructure.

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ADIA Bids for Canadian Stake in Leading British Ports Operator

21st February, 2023

Britain’s seaports continue to draw the interest of state-owned investors and Associated British Ports (ABP) could see Canadians pass ownership to Arabs if Abu Dhabi Investment Authority (ADIA) launches a bid for a 33.9% stake.

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PIF Gaming and E-Sports Acquisitions at Breakneck Pace, with US$4bn+ Stake in Nintendo

20th February, 2023

Saudi Arabia’s Public Investment Fund (PIF) is continuing its aggressive push into the gaming industry, becoming the biggest foreign shareholder in Japan’s Nintendo and buying a stake in Chinese e-sports company VSPO.

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Turkey and Russia in Crisis: the Role of SWFs

17th February, 2023

The Turkiye Wealth Fund’s (TVF) decision to prop up domestic public equities following the devastating earthquakes demonstrates the power of sovereign wealth funds in times of crisis, but do such short-term emergency measures compromise a SWF’s long-term mandate to invest for yield and economic development?

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Temasek Restructures its US Public Equities Portfolio, Down US$10.6bn in 2022

16th February, 2023

Temasek’s US equity holdings grew 2.1% to US$17.1 billion in Q4 2022, but down US$10.6 billion or 38% on end-2021 due to a combination of slumping stock prices and significant adjustments in a portfolio that had been relatively static.

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PIF Has Already Recovered Q4 Losses in US Listed Equities

15th February, 2023

The slump in the value of electric carmaker Lucid caused a 16% q-o-q fall in the value of the Public Investment Fund’s (PIF) US equity portfolio to US$30.9 billion, but Global SWF’s estimates indicate a rapid turn in fortunes in the past six weeks with the reversal of Q4 losses.

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GIC Follows Trend of Wariness Towards China, Western Markets Benefit

14th February, 2023

Singapore sovereign wealth fund GIC has denied the Financial Times’ report that it has “put the brakes on private investments in China” – yet Global SWF data shows a massive tilt away from China and towards the USA, UK and Australia.

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CDPQ and Temasek Real Estate Subsidiaries Forge India's Biggest Office Platform

13th February, 2023

A INR150 billion (US$1.8 billion) tech-focused Indian real estate platform represents formed by Ivanhoé Cambridge – the real estate arm of Canadian pension fund CDPQ – and Singaporean state owned investor Temasek’s Mapletree represents a landmark leap forward in foreign real estate investment in India.

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Canadian Fund Plans UK and EU infrastructure Push from a New London Base

10th February, 2023

The US$157 billion British Columbia Investment Management Corporation (BCI) has chosen London as its first base of operations outside North America in a bid to ramp up its infrastructure acquisitions in the UK and the EU.

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