13th June, 2023
Today marks the closing date for applications for the position of CEO of Hong Kong’s new sovereign wealth fund, the Hong Kong Investment Corporation (HKIC), which consolidates various investment vehicles established by the special administration region’s central bank, the Hong Kong Monetary Authority (HKMA).
Subscriber Post
12th June, 2023
Abu Dhabi state-owned investors indicated their interest in backing the war-torn Ukrainian economy as representatives of the funds joined a top-level bilateral meeting at the weekend, at which the Ukrainian government announced its intentions to set up a sovereign wealth fund.
Subscriber Post
9th June, 2023
The latest annual results of Canada’s federal-level public pension funds are now out and depict a significant difference in performance between the Canada Pension Plan Investment Board (CPP Investments) and the Public Sector Pension Investment Board (PSP Investments) – with infrastructure proving crucial to achieving higher yields.
Subscriber Post
8th June, 2023
A slew of public pension fund giants have swung their weight behind Just Climate’s Climate Assets Fund I (CAF1), which has exceeded its US$1 billion target by 50% and marks the latest of several sovereign-backed billion-plus funds.
Subscriber Post
7th June, 2023
Few public pension funds have the kind of commitment CDPQ has to their home economies, with most focused solely on optimal returns.
Subscriber Post
6th June, 2023
The ongoing public unease over sewage pollution in Britain’s rivers is fuelling calls for renationalization of the country’s water utilities, challenging the interests of Asian sovereign wealth funds and Canadian public pension funds.
Subscriber Post
5th June, 2023
In an unprecedented move, Saudi Arabia’s Public Investment Fund (PIF) has taken 75% stakes in four of the Kingdom’s leading football clubs as the country prepares to host the 2027 Asian Cup – and potentially the 2030 FIFA World Cup.
Subscriber Post
2nd June, 2023
Recent weeks saw a surge of proposals for new sovereign wealth funds – some in countries that already host established SWFs – as governments look to strategic development and fiscal stabilization in a turbulent and uncertain era.
Subscriber Post
1st June, 2023
If we talk about emerging SWFs with a specific focus, we need to talk about MIC, which was established in June 2020 to support and accelerate the economic development of Mauritius, grow national wealth, and build the country’s long-term economic resilience. We had the great pleasure of speaking with CEO Jitendra Bissessur about the fund’s origins and plans.