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Korea Investment Corporation moves from review to implementation of TPA

7th January, 2026

After more than a year of internal review and external consultation, Korea Investment Corporation (KIC) has formally committed to adopting a Total Portfolio Approach (TPA), marking a significant evolution in both its investment framework and organisational model.

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PIF and Lucid: Strong Q4 Results Support Continued Ownership Structure – For Now

6th January, 2026

The Public Investment Fund remains the controlling shareholder of Lucid Group, and its long-term strategy toward the investment continues to attract scrutiny.

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The US as the Decision Market: Why 2025 Marked a Structural Break in Sovereign Investment

5th January, 2026

In 2025, sovereign investors channelled more than US$140 billion into the US economy, lifting the country’s share of global sovereign deal activity to over 50%, as revealed in Global SWF’s 2026 Annual Report published last week.

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Mubadala Energy’s US gas gamble signals a strategic pivot for Abu Dhabi’s sovereign capital

2nd January, 2026

Abu Dhabi’s Mubadala Energy is doubling down on its gas-centric expansion strategy as it enters 2026 with natural gas now making up roughly 70% of its production portfolio, which is a milestone the company says underscores a pivotal year for its global growth, particularly following recent progress in Southeast Asian projects and its first major US gas investment.

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Fund of the Year (Jan'26): CalPERS

1st January, 2026

For its leadership among US retirement systems, for its growing investment and sustainability activity and for its adoption of forward-looking strategies, Global SWF believes that CalPERS is a worthy recipient of the 2025 Fund of the Year award. We were delighted to present it to Stephen Gilmore, Chief Investment Officer of the US$ 596 billion fund, and to speak with him about the fund’s state of play and next ambitions

The Global SWF Year in Review 2025: The Ideas, Power Shifts and Structures That Defined Sovereign Capital

30th December, 2025

As 2025 draws to a close, Global SWF’s most-read analysis reveals a clear pattern: audiences were far less interested in short-term returns or league tables, and far more engaged by how sovereign capital is being organised, governed, and deployed. Across Abu Dhabi, the Gulf, Asia, and beyond, the most-popular themes among our readers shared a common thread: power, structure, intent, and institutional design.

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Masdar in 2025: scaling a sovereign-backed renewables platform, tightening focus, and positioning for the power demand cycle

29th December, 2025

Masdar’s strategy through 2025 did not resemble a conventional corporate growth plan, but instead operated more like a state-capital buildout with the deployment of a large amount of patient capital into contracted renewables, acquisitions to secure operating platforms in priority markets, and extension into clean power and storage.

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CPP Builds C$3bn Canadian Industrial Platform: A Strategic Move at a Turning Point in the Cycle

22nd December, 2025

Canada’s federal public pension fund CPP has added another major piece to its long-running logistics strategy by creating a C$1.1 billion equity partnership with Dream Industrial REIT and Dream Asset Management to acquire and scale Canadian last-mile industrial real estate.

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Oil Bonanza is Prompting Falklands to Consider Sovereign Wealth Model

18th December, 2025

For years, the phrase “a Falklands sovereign wealth fund” has been floated  like a thought experiment: a hypothetical Norway-in-miniature that might one day turn offshore hydrocarbons into a long-term public endowment.

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Mubadala’s US$500mn Barings partnership that’s bigger than the headline number

17th December, 2025

Mubadala’s new US$500m global real estate debt partnership with Barings looks modest beside the Abu Dhabi investor’s overall balance sheet, but it is a useful clue to where the firm is putting its energy.

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Seoul’s new US$900bn sovereign wealth fund: mandate, strategy and risks

16th December, 2025

South Korea’s Lee Jae-myung administration is set to launch a new sovereign wealth fund in 2026 with a view to tackling long-term issues of weak growth, rising economic polarisation, and intensifying global competition in advanced industries.

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Al-Hilal sale talks put PIF’s next phase in sharper focus

15th December, 2025

A reported agreement for Prince Al-Waleed bin Talal – head of Kingdom Holdings - to acquire Al-Hilal indicates that Saudi Arabia’s Public Investment Fund (PIF) is trying to move from building the Saudi Pro League to divesting in order to attract private capital, while ensuring that prestige assets are maintained by figures close to the government.

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