8th February, 2021
Self-driving car startups are turning to state-owned investors for capital as they drive past unicorn as the pandemic accelerates the adoption of autonomous transportation technologies. Altogether, state-owned investors have deployed more than US$3.5 billion of capital into autonomous transportation solutions, from robotaxis to food delivery.
5th February, 2021
Today’s block-busting IPO by Kuaishou in Hong Kong saw market cap of the Chinese viral video app reach US$180bn, and increasing the value of Temasek’s initial investment in the TikTok rival by 6.3 times within almost 14 months, according to Global SWF estimates.
4th February, 2021
State-owned investors in Australian regional electricity transmission company Transgrid and could suffer a financial short-circuit after the Australian Energy Market Commission (AEMC) issued a draft ruling against its bid to secure a faster recovery of revenue for large capital investments.
3rd February, 2021
The Kuwaiti government has sold its last performing assets to the Kuwait Investment Authority (KIA) in a bid to bridge its yawning budget deficit as it struggles to pay its bills, but the ongoing fiscal problems and political resistance from parliament pose a challenge to the KIA's future.
2nd February, 2021
Investment in Indian highways could accelerate in 2021 following a year of stalling activity among state-owned investors, in the wake of the Covid-19 pandemic.
29th January, 2021
GIC has bought a 20% of Utilities company Duke Energy Indiana for over $2 billion
28th January, 2021
NBIM returns an 11% and grows a 12% despite withdrawals - new AuM at US$ 1.3 trillion
27th January, 2021
Future Fund published today its year-end performance, confirming the great disconnect between financial markets and economic reality
26th January, 2021
Canadian Funds continue to bet on the region with OMERS leading the pack
25th January, 2021
MbS unveiled the new Strategy Plan, under which PIF would grow to over USD 1 trillion AuM by 2025.