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RDIF Shrugs Off Geopolitical Risks and Co-Investment Partners are Undeterred

4th February, 2022

With the situation on Ukraine’s borders reaching fever-pitch, the prospect of harder sanctions against Russia has arisen – yet so far the Russian Direct Investment Fund (RDIF) has shrugged off US sanctions, securing co-investments in spite of restrictions.

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UAE-Spain Forge Closer Relations Through State Funds

3rd February, 2022

Abu Dhabi sovereign fund Mubadala continues to forge bilateral relationships with Spain’s Compañía Española de Financiación del Desarrollo  (Cofides) the latest investment partner.

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Infographic: US Public Pension Funds still in Bad Shape

2nd February, 2022

US-based public pension funds have benefitted from the boom in equity markets and have been reporting extraordinary results for the 2021 fiscal year. But what has this meant for other funds and states, and what is the current situation across the US – which remains the world’s largest country in terms of sovereign capital?

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Fund of the Month (Feb'22): PIFSS / Wafra / Capital Constellation

1st February, 2022

Wafra (Arabic for “abundance”, and the southernmost area in Kuwait) was established by the PIFSS over three decades ago and today invests on behalf of PIFSS and asset owners around the world. In 2018, it rocketed to new heights with the launch of Capital Constellation, an innovative JV among leading institutional asset owners across Europe, North America, and the Middle East. We had the immense pleasure of catching up with Daniel Adamson, SMD of Wafra Inc. and President of Capital Constellation.

GIC Takes a Leading Role in Asian Digital Infrastructure

29th January, 2022

Data centers are the infrastructure of the tech revolution and Singapore’s sovereign wealth fund GIC is boosting the digital superhighways of Asia with more capital.

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NBIM Scores Strong Returns, in Line With Peers

28th January, 2022

Norges Bank achieved a 14.5% return for its Government Pension Fund Global in 2021, its second-best return thanks to the stellar performance of US public equities. The fund’s return was 0.74 percentage points higher than the return on the benchmark index, equivalent to NOK76 billion (US$8.5 billion).

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Korea's Retail Investors Dismayed by NPS's Equities Market Tactics

27th January, 2022

South Korea’s mammoth public pension fund, the US$776 billion National Pension Service (NPS), upset domestic retail investors yet again by leading the market in dumping domestic stocks.

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Real Estate Partnerships: Logistics Leads and Canadians are the Biggest Backers

25th January, 2022

Recent weeks have seen a continuation of a theme seen in 2021, when state-owned investors (SOIs) piled record amounts of investment in real estate joint venture partnerships with developers.

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Kazakhstan’s Sovereign Wealth Fund Faces Massive Overhaul Amid Domestic Unrest

24th January, 2022

Kazakhstan’s US$69 billion sovereign wealth fund, Samruk-Kazyna, announced today that it was slashing its staff numbers in half and is set to close offices in Beijing, Moscow and London.

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The Last Frontier: Gulf SWFs Compete for African Ports, But China is in Control

20th January, 2022

Oman, Abu Dhabi and Dubai are leading the competition to invest in African ports via their sovereign wealth funds as they seek to secure strategic control of resources and trade.

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Azerbaijan's SWF Boosted by Pivot to US Equities

19th January, 2022

The surge in oil prices coupled with a bull market in US public equities helped deliver Azerbaijan’s sovereign wealth fund a robust return and a boost to total assets under management in 2021, said Global SWF using the latest data from the State Oil Fund of the Republic of Azerbaijan (SOFAZ).

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APG Commits US$750mn to Private Credit Aligning with Sustainable Development Goals

18th January, 2022

Dutch public pension fund manager APG’s US$750 million investment in ILX Management’s private credit fund, which is oriented towards Sustainable Development Goals (SDGs), demonstrates the weight state-owned investors are giving to private debt in emerging markets – as well as integrating debt exposures with ESG principles.

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