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Criticism Mounts Over Indonesia's New SWF

11th November, 2024

The Indonesian government is delaying its launch of its new sovereign wealth fund, named Danantara, until President Prabowo Subianto returns from his overseas trip towards the end of next week.

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Alberta Sacks AIMCO Board Amid Costs Concerns

8th November, 2024

The government of Canada’s Alberta province has sacked the board and CEO of its US$115 billion public pension fund over rising costs.

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PIF Uses Riyadh’s FII Summit to Strengthen Asian Investment

7th November, 2024

Saudi Arabia’s Public Investment Fund (PIF) is making a strong bid on developed Asian economies with a slew of deals with Japanese banks and an agreement to anchor a fund to support Hong Kong’s business community.

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Abu Dhabi and Singapore Strengthen Alliance via SWFs

6th November, 2024

Singapore and Abu Dhabi have seen their relationship grow in recent years, with their respective state-owned investors playing a crucial role in the developing economic partnership between the two countries, which enjoyed a non-oil bilateral trade approaching US$6 billion last year.

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Yen Bounce Back Hits GPIF's Return, Potentially Spurring More Alternatives Investments

5th November, 2024

The rise in the value of the yen and poor performance in domestic equities has delivered Japan’s gigantic Government Pension Investment Fund (GPIF) its biggest quarterly loss since the pandemic struck in 2020 with a return of -3.6%.

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Devouring 2017 Palace Purge Assets: PIF Gains MBC Stake, is Binladin Next?

4th November, 2024

Saudi Arabia’s Public Investment Fund (PIF) is taking a majority stake of the Middle East’s biggest broadcaster, which was originally nabbed by the government in the palace purge that was staged exactly seven years ago today.

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Fund of the Month (Nov'24): T&T’s Heritage & Stabilization Fund (HSF)

1st November, 2024

The HSF is Latin America’s second largest sovereign fund, and it has provided a sizable fiscal and external buffer, while accumulating savings for future generations of Trinidadians. We were delighted to speak with Mr. Ewart Williams, Chairman of the Board of HSF and Dr. Dorian Noel, Deputy Governor of the Central Bank of Trinidad & Tobago (CBTT).