31st May, 2023
On Tuesday evening, AIMCo announced its first hire in Singapore – and to the surprise of many, it came from the global leadership group of GIC, the flagship Sovereign Wealth Fund of the island-nation.
Subscriber Post
30th May, 2023
The Netherlands’ public pension fund managers APG and Bouwinvest have swung their weight behind an Australian build-to-rent (BTR) partnership with student accommodation leader Scape Australia founders, Stephen Gaitanos and Craig Carracher.
Subscriber Post
26th May, 2023
The fast-tracking of a controversial measure for the creation of a Philippine sovereign wealth fund faces stiff opposition from critics who questioned where the fund’s seed capital will come from.
Subscriber Post
25th May, 2023
Iraq is the latest target for Saudi Arabia’s sovereign wealth fund as it seeks to spread its investments – and soft power – over the Middle East through bilateral investment vehicles.
Subscriber Post
24th May, 2023
Canada’s biggest public pension fund, CPP Investments, has chalked up a net return of 1.3% for the fiscal year to end-March with assets increasing by 5.8% to C$570 billion (US$422 billion).
Subscriber Post
23rd May, 2023
On May 16, the Government of Qatar issued a rare Amiri decree to reorganize its SWF, allowing the Qatar Investment Authority (QIA) take a more active role in the development of the local market and in the attraction of foreign direct investment. A day later, the fund announced the establishment of a US$ 275 million market-making program at the Qatar Stock Exchange (QSE), which is solely owned by the QIA.
Subscriber Post
22nd May, 2023
Abu Dhabi’s Mubadala reported a 2.9% drop in assets under management to AED1,015 billion (US$276 billion) in 2022, the largest contraction since 2014, but its -3.1% single-year return outstripped the benchmark and industry average (-8.1%)
Subscriber Post
19th May, 2023
Indian real estate is a hot target for Singapore’s sovereign wealth fund GIC, which this week signed a US$1.4 billion 50:50 joint venture with Brookfield India REIT (BIRET) to two large commercial office assets in Mumbai and Gurugram – hailed by the fund as “the first-of-its-kind partnership In India between a listed REIT and a global institutional investor.”
Subscriber Post
18th May, 2023
Britain’s “Future Fund”, overseen by the state-owned British Business Bank (BBB), is completing its third year of operations this week having delivered GBP1.14 billion of investment in startups during the pandemic – yet performance is mixed, criticism is fierce, and the possibility of a fully-fledged UK sovereign wealth fund remains dim.
Subscriber Post
17th May, 2023
Hassana, the manager of Saudi Arabia’s General Organization of Social Insurance (GOSI), has revealed that its total portfolio is worth an incredible US$320 billion, following a two-year process of absorbing Raidah which managed the Public Pension Agency (PPA).
Subscriber Post
16th May, 2023
Saudi Arabia’s US$730 billion sovereign wealth fund, the Public Investment Fund (PIF), threw its weight behind green energy, gaming and the internet in the first quarter, while slashing exposure to payments processor Visa and Chinese e-commerce company Pinduoduo.
Subscriber Post
15th May, 2023
Nigeria’s sovereign fund is set to fuel the country’s infrastructure growth with up to US$1 billion in a three-year program of investment in solar energy and healthcare.
Subscriber Post