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Oman's OIA Boosts AUM as it Evolves, Divests and Diversifies

4th June, 2024

The Oman Investment Authority (OIA) notched up a 9.95% return in 2023, compared to 8.80% in 2022, as its total assets under management surged by more than OMR1 billion (US$2.6 billion) to reach OMR19.24 billion (US$50 billion).

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PIF Bids for Liquidity as it Boosts Borrowing

3rd June, 2024

The decision by Saudi Arabia’s Public Investment Fund (PIF) to launch a rare sterling-denominated dual-tranche note offering suggests the sovereign wealth fund is resorting to international debt markets to fund the Kingdom’s Vision 2030 objectives – it’s total leverage is currently a little over 4% of total assets under management.

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Fund of the Month (Jun'24): Healthcare of Ontario Pension Plan (HOOPP)

1st June, 2024

HOOPP is the pension plan for Ontario healthcare workers and has one of the highest funding ratios and performance, in terms of alpha, over the past ten years. This is largely in part to its unique portfolio approach and focus on liquidity management, which has allowed the fund to outperform its peers. We had the pleasure of speaking with HOOPP CEO, Mr. Jeff Wendling, about the fund’s past successes, current strategy, and future objectives.

India Gains Interest of ADIA and GIC in Data Center Investments

29th May, 2024

Data Centers are pivotal in the development of the digital economy – and India’s digital economy is one of the biggest growth drivers, drawing in a range of sovereign wealth funds.

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PIF Reaches the Stratosphere with Satellite Subsidiary

28th May, 2024

Saudi Arabia’s Public Investment Fund (PIF) is developing its might as the dominant force in the national economy with the launch of yet another national champion subsidiary, this time devoted to satellite launches.

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NBIM receives the “Fund of the Year” award from Global SWF

24th May, 2024

On May 22, 2024, Pedro Furtado Reis and Daniel Balthasar, co-Chief Investment Officers of Equities at Norges Bank Investment Management (NBIM), received from Diego López, Founder and Managing Director of Global SWF, the physical award “Fund of the Year 2023” in Central London.

QIA Joins Peers in Semiconductor Industry

23rd May, 2024

The Qatar Investment Authority (QIA) is playing catch-up with its Saudi and Emirati peers with a major investment in semiconductors as the global market seeks to diversify production following the chip shortage of 2020-23.

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Canadian and Australian Public Pension Funds Boost Private Credit Markets

22nd May, 2024

State-owned investors are adding to the surge of private credit investment as the US$1.7 trillion global private credit market offers higher, floating rates of return.

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PIF Dumps US Listed Assets, Lucid Falls Further

21st May, 2024

Saudi Arabia’s Public Investment Fund (PIF) slashed its US public equity holdings by 41.7% to US$20.56 billion in the first quarter of 2024, with its biggest stockholding EV carmaker Lucid slumping by 32.3% in value and non-Lucid holdings falling 43.5% to the lowest level since end-Q2 2021 as PIF dumped massive chunks of its equity portfolio.

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Mubadala Joins World's Top 10 SWF Ranking with 15.4% Annual Return, US$302bn AUM

20th May, 2024

Abu Dhabi’s Mubadala has joined an elite of top 10 sovereign wealth funds as its AUM rose above US$300 billion in 2023 with Global SWF calculating an annual return of 15.4%, based on its increase in five-year return of 10.3% and proprietary data analysis of historical returns.

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Mubadala is Making "Game-Changing" Gas Discoveries in Indonesia

17th May, 2024

Mubadala Energy is set to change Indonesia’s energy profile radically with back-to-back gas discoveries in a highly prospective deepwater play.

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Saudi Arabia's Hassana Backs the Rise of Climate Funds

16th May, 2024

TPG Rise Climate vehicle has won another state-owned investor for its carbon-cutting mission with the US$320 billion Saudi public pension fund manager Hassana – part of the General Organization for Social Insurance (GOSI) – making forming a US$1.5 billion partnership, including a “substantial anchor commitment” to the new Transition Infrastructure fund and an allocation to the TPG Rise Climate II fund.

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