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HKIC Delivers 14% Return - Now Comes the Harder Test for Hong Kong's Sovereign Investor

20th July, 2026

Hong Kong Investment Corporation hiked its investment income by 175% to HK$6.46 billion (US$824 million) in 2025, according to recently published results, while operating profit rose 181% to HK$6.32 billion and its portfolio recorded a net internal rate of return of 14%.

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An Exploration of the Tahnoonisphere

17th July, 2026

ePointZero’s US$2.25 billion acquisition of Traverse Midstream shows how royal, listed and sovereign capital circulate through Abu Dhabi’s investment system. The entities remain legally separate, but assets, mandates, executives and liquidity move between them in ways that can strengthen the system as a whole.

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Korea Scrapped Its New Sovereign Fund, Now KIC Gets an Extra Mandate

16th July, 2026

South Korea has abandoned plans for a standalone sovereign wealth fund after failing to establish a clear place for it within an already crowded system of state capital. Seoul will instead create a strategic investment account inside the Korean Investment Corporation (KIC), retaining the programme while dropping the instit3ution designed to carry it out.

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CalPERS’ Private Equity Overhaul Boosts Returns, Lifts Funding Ratio

15th July, 2026

The California Public Employees’ Retirement System’s 14.8% return was powered by equities, but its rebuilt private equity programme made the result stronger.

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GIC Puts Private Markets Under One Investment Chief

14th July, 2026

GIC is adding senior oversight across its private market teams while keeping their chief investment officers directly accountable to Group Chief Investment Officer Bryan Yeo.

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Sovereign Investors Move Deeper Into India’s Capital System

13th July, 2026

Abu Dhabi Investment Authority (ADIA), Singapore’s GIC and Norges Bank Investment Management (NBIM) are buying into India’s savings shift. Their bids for the anchor tranche of SBI Funds Management’s IPO add the country’s largest asset manager to portfolios already spread across financial services, infrastructure, property and private equity.

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Ireland Builds A Sovereign Wealth Machine On A Fragile Tax Base

10th July, 2026

Ireland has built a three-part sovereign capital model with a clear split between domestic deployment and fiscal protection, with the latest annual report by the National Treasury Management Agency (NTMA) offering an insight into how similar small European countries can punch above their weight when managing massive fiscal windfalls - as well as the risks.

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Mubadala’s US$25bn Credit Transfer Uses Internal Scale to Bolster External Asset Management

9th July, 2026

Mubadala’s transfer of a US$25 billion credit portfolio to Mubadala Capital has bolstered the asset management arm of the Abu Dhabi’s sovereign investor, turning an internal investment record into an external capital product for third-party investors.

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Temasek’s US$401bn Portfolio Reset Puts AI and Private Credit at the Core

8th July, 2026

Temasek’s full transition to mark-to-market has lifted its Net Portfolio Value to S$518 billion (US$400.8 billion), moving Singapore’s state investor into the world’s Top 10 sovereign wealth funds as it directs more capital toward AI, private credit and infrastructure.

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Japan's US$1.9trn GPIF Turns Equity Rally Into Bond Rebalancing

7th July, 2026

GPIF’s FY2025 result was a major rebound, but it did not mark a change in strategy.

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Canada's CPP Leads Public Capital Deeper Into the Physical Layer of AI

6th July, 2026

CPP Investments’ US$1.75 billion commitment to EQT’s AI infrastructure strategy is an example of how state-owned investors are moving beyond data centre exposure and into capacity underwriting.

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PIF’s Profit Rebound Exposes Pressure Behind Its New Portfolio Model

3rd July, 2026

Saudi Arabia’s Public Investment Fund had the kind of year that can be read two ways: strong headline profit and asset growth, alongside surging liabilities and a multi-billion-dollar comprehensive loss.

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