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).
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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.
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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.
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12th May, 2023
Governments favor sovereign wealth funds as vehicles that can put cash to good use, whether for fiscal stabilization, inter-generational savings and strategic economic development – but Taiwan’s central bank has lodged its objection to Taipei’s plans for a fund that could utilize foreign exchange reserves.
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11th May, 2023
Sovereign wealth funds of Saudi Arabia and Abu Dhabi - the Public Investment Fund (PIF) and Mubadala – continue to be major losers of Masayoshi Son’s Vision Fund gambles on tech venture capital.
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10th May, 2023
Mubadala is furthering its ambition to become a major player in global credit markets with the expected purchase of asset manager Fortress Investment Group from SoftBank Group for US$3 billion, according to the FT.
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9th May, 2023
India’s state-owned strategic fund the National Investment and Infrastructure Fund (NIIF) is planning to launch a second fund of funds this year to inject US$1 billion in liquidity into funds operated by local asset managers, according to The Mint – the fund has made no official announcement.
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8th May, 2023
Last Sunday, May 7, the Republic of Kosovo officially established its very own Sovereign Wealth Fund. The launch ceremony took place in Pristina with Prime Minister Albin Kurti acting as keynote speaker, and Germany’s independent foundation Friedrich Ebert Stifung (FES) acting as co-host of the event.
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5th May, 2023
On April 20, Charles Emond, President and Chief Executive Officer of CDPQ, received from Diego Lopez, Founder and Managing Director of Global SWF, the physical award “Fund of the Year” at the headquarters of the Canadian pension manager in Montréal.
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4th May, 2023
Singaporean sovereign wealth fund GIC has joined Canadian, Dutch and Abu Dhabi peers in Europe’s expansion of electric railways, a growth area that is backed by a modal shift to rail as a key enabler of the decarbonisation of supply chains.
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3rd May, 2023
As in 2021 and 2022, we have studied the performance of all major Sovereign Investors. By May, most organizations had already released results, although eight of the 50 funds featured below were yet to report them and we estimated their FY22 yield based on benchmarks. Whenever possible, returns are expressed in net, nominal terms.
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2nd May, 2023
Saudi Arabia’s US$730 billion Public Investment Fund (PIF) has won backing from leading Chinese steel corporation Baoshan Iron & Steel (Baosteel) to establish the Kingdom’s first integrated steel plate manufacturing plant – and the fund is creating possibilities in green steelmaking through new partnerships.
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