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SOFAZ’s 2025 Results: Growth, Returns and Market Dependence

28th January, 2026

SOFAZ ended 2025 with assets of US$73.5 billion, up 22.5% from US$60.0 billion at the start of the year. The increase of roughly US$13.5 billion reflects a combination of portfolio returns and valuation effects linked to foreign exchange movements and gold prices.

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Aramco Steps Forward as PIF Recalibrates: How Vision 2030 Is Being Restructured

27th January, 2026

Saudi Arabia’s reported restructuring of the Neom giga-project marks more than a project reset. It reflects a deeper institutional shift in how Vision 2030 is financed, governed and executed.

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Abu Dhabi folds CYVN into L’IMAD as state reshuffle sharpens new fund’s role

26th January, 2026

Abu Dhabi has folded CYVN Holdings and its 20% stake in Chinese electric vehicle maker NIO into its newest sovereign investment platform, L’IMAD Holding, according to regulatory filings and Chinese media reports.

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NBIM to Close Paris Real Estate Office as Strategy Shifts Toward Centralisation and Platform Execution

23rd January, 2026

Norges Bank Investment Management (NBIM) is preparing to close its dedicated real estate office in Paris, consolidating its European unlisted property operations in London as part of a wider shift in how the fund manages real assets.

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QIA and Goldman deepen ties with US$25bn target as Gulf sovereigns “platform” private markets

22nd January, 2026

Qatar Investment Authority (QIA) and Goldman Sachs Asset Management have signed a memorandum of understanding that sets a target of up to US$25 billion for QIA to invest in Goldman-managed vehicles and co-investments, while Goldman plans to meaningfully expand its headcount in Doha and position the office as a regional hub for asset management.

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UAE President’s India Visit Underscores a Decade-Long Shift in Sovereign Wealth Strategy

21st January, 2026

When UAE President Mohamed bin Zayed Al Nahyan – aka MBZ – visited India on 19 January, the joint statement that followed ranged across trade, defence, energy, technology and education.

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Indonesia’s sovereign investors diverge as Danantara scales up and INA pivots to private sector deals

20th January, 2026

Indonesia enters 2026 with two sovereign investment vehicles that were in danger of blurring boundaries, but are now being pushed into distinct roles, finally resolving questions Global SWF asked throughout 2025: how is the Southeast Asian state defining their distinct mandates?

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Treasury moves to calm sovereign wealth fund tax fears - but questions remain

19th January, 2026

When concerns began to circulate late last year that the Trump administration was preparing to upend the tax treatment of SWFs, the reaction  saw lawyers issue alerts, investors reviewing strategies and fund managers fielded anxious calls.

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Spain’s new mega fund builds on a quieter experiment that is already under way

16th January, 2026

When Spain's Prime Minister Pedro Sánchez announced the launch of España Crece at Spain Investors Day in January, the headline number drew most of the attention: a EUR10.5 billion state-backed vehicle with an ambition to mobilise up to EUR120 billion across housing, energy, technology and industry.

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PIF and the Saudi IPO Programme: Why Tadawul Matters More Than Ever

15th January, 2026

Saudi Arabia’s IPO pipeline for 2026 is sizeable by any regional standard. But the headline number of listings matters less than who is driving them, and why. At the centre of that story sits the Public Investment Fund (PIF).

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Singapore’s investment giants are facing a familiar question: what counts as “good” returns?

14th January, 2026

When Singapore’s Parliament returned this week, MPs lined up questions about the performance of GIC and Temasek, two institutions central to the city-state’s fiscal model and its reputation for technocratic stewardship. The immediate trigger was a run of media comparisons suggesting that Singapore’s flagship investors have lagged global peers and public market benchmarks over the past decade.

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Abu Dhabi’s fourth SWF L’IMAD gets a new Board, CEO, and mandate

13th January, 2026

On Monday, the Supreme Council for Financial and Economic Affairs (SCFEA), which is chaired by Sheikh Mohamed bin Zayed (MbZ) and supervises all major energy and investment vehicles of Abu Dhabi, issued a resolution naming the new Board of Directors and the inaugural CEO of L’IMAD, the Emirate’s latest SWF.

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