30th August, 2021
The China Investment Corporation (CIC) has followed the trends of other sovereign wealth funds, reporting double-digit growth for 2020, but underneath the headline figures there are signs of ongoing changes in strategy and organization.
27th August, 2021
Recent annual returns by state-owned investors have demonstrated that the rally in public equities has boosted portfolios, but long-term returns suggest private markets generate stronger yield.
26th August, 2021
Australia’s Future Fund posted its best result in its history for the financial year to end-June with an annual return of 22.2%, up from -0.9% in FY2019/20, which put its total assets under management at A$196.8 billion (US$147.6 billion).
25th August, 2021
The Qatar Investment Authority (QIA) has indicated it is seeking to pump investment into Central Asia’s biggest economy Kazakhstan just months after Emirati fund Mubadala forged deals in the country’s renewable energy sector. Gulf funds are not simply looking for business ventures that generate yield to fulfil their mandate, but also to support economic diplomacy and "soft power" of their governments.
24th August, 2021
Saudi Arabia is determined to leverage its oil wealth to finance its transition to sustainable energy with its Public Investment Fund backing investment in solar energy.
23rd August, 2021
The Sovereign Fund of Egypt (TSFE) is seeking to channel capital into a range of economic and social development projects, from education to utilities, through public-private-partnerships (PPPs), emulating state-owned investors established in India (NIIF) and Indonesia (INA).
20th August, 2021
The formation of a US clean energy firm Arevon Energy by APG, CalSTRS and ADIA this week comes hot on the heels of US Senate approval of a US$1.2 trillion bipartisan infrastructure bill that underscores the Biden administration’s renewable energy agenda.
19th August, 2021
The Canadian public pension fund Caisse de dépôt et placement du Québec (CDPQ) reported a mid-year return of 5.6% for end-June, outperforming its benchmark return of 4.4% due to robust performance in real assets and bringing net assets to C$390 billion (US$304 billion).
18th August, 2021
One of Abu Dhabi's state-owned investors, the US$243 billion Mubadala Investment Company, is working to attract third-party capital from institutional investors as part of its ambitious bid to double its AUM by the end of the decade.
17th August, 2021
Papua New Guinea’s struggle to start a sovereign wealth fund demonstrates the difficulties facing resource-endowed least developed countries (LDCs) seeking to put their wealth to good use.
16th August, 2021
The US public equities strategies of Public Investment Fund (PIF) and Temasek diverged in Q221, with the Saudi fund making only one change in its stockholdings while the Singaporean state-owned investor ramped up exposures to financial services and retail & consumer sectors.
13th August, 2021
With Chinese authorities cracking down on big tech to curb their cultural and economic power, institutional investors are looking at other sectors of the country’s economy for long-term yield.