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Earth Day Focus on State-Owned Investors

22nd April, 2021

The White House’s pledge, on Earth Day, to slash carbon emissions by at least 50% is an ambition that will attract a slew of capital from the world’s State-Owned Investors, stimulating global investment in low-carbon energy generation. Global SWF looks at the latest developments in SOI policy and investment.

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NBIM Reaches New Heights, But Faces Diversification Challenges

21st April, 2021

Norges Bank Investment Management (NBIM) reported a 4.0% quarterly return for its GPFG fund in Q121, a performance that was 24 basis points above its benchmark return. Despite the robust return, NBIM faces the challenge of building the capacity to rebalance a portfolio that is weighted heavily towards equities.

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Temasek Gives Hydrogen Energy a Lift in a Bid for Green Growth

20th April, 2021

Temasek is looking to play a central role in the development of hydrogen as the world’s next big "clean" energy source.

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Mubadala is Set to Accelerate its VC Drive and Sell Down Chunky Legacy Assets

19th April, 2021

Mubadala is set to sell down in “legacy commodity sectors” and deploy capital into disruptive industries in technology and healthcare, group chief executive Khaldoon Al Mubarak said at the weekend.  

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Is Bangladesh’s Infrastructure Fund the Right Answer?

16th April, 2021

Bangladesh is following a growing trend of quasi-SWF infra funds with the launch this week of the Bangladesh Infrastructure Development Fund (BIDF), using a foreign exchange windfall. Yet, the BIDF carries the risk of potentially risky FX reserve depletion and the build-up of a bad loan portfolio that could ultimately undermine its purpose.

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Mubadala Becomes the Latest to Forge an Asian Logistics Real Estate Deal with Logos

14th April, 2021

Mubadala has made its first entry into the Australian logistics real estate market with a joint venture with Logos and KKR.

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IMCO Posts Solid Return Amid Portfolio Overhaul

13th April, 2021

The Investment Management Corporation of Ontario (IMCO) achieved a 5.4% net return in 2020, boosted by strong returns in private equity (+34.2%) and global credit (+11.1%) and meeting its return benchmark index. Its AUM grow to C$73.3 billion (US$58.2 billion), from C$70.3 billion.

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Myanmar Crisis Could Set the Bar for ESG Policies

12th April, 2021

State-owned investors' push for divestment from Myanmar over human rights abuses by the military junta could set the bar for ESG policies towards other markets in the future.

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Mubadala Plans IPO for Microchip Producer as it Seeks Liquidity for Venture Capital

9th April, 2021

Abu Dhabi sovereign wealth fund Mubadala is continuing to explore avenues for liquidity with preparations for an IPO in its semiconductor business GlobalFoundries.

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Public Pension Funds Develop Partnerships in Real Assets Push

8th April, 2021

Real assets were in the sights of public pension funds this week with a clear preference for developing partnerships and backing co-investment platforms.

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NBIM Starts off its Massive Renewables Push with Dutch Offshore Windfarm

7th April, 2021

NBIM’s acquisition of a 50% stake in the Borssele 1 and 2 wind farm off the Netherlands for US$1.63 billion is the firing shot for the Norwegian sovereign fund Goliath's plans to devote 2% of its AUM to renewable energy

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Investor Excitement Swirls Around Swiggy in India Tech VC Rush

6th April, 2021

India’s online food retail space is getting hotter and state-owned investors a keen to be immersed in the fray.

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