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PIF Redefines Football as an Asset Class – and Geopolitical Soft Power

8th August, 2025

Football transfer windows rarely generate headlines in boardrooms and among institutional investors, but the arrival of Saudi Arabia’s Public Investment Fund (PIF) has changed that calculus entirely.

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Sovereign Investors Grapple with Israel Investment Risks

7th August, 2025

Norway’s US$1.8 trillion Government Pension Fund Global (GPFG) - the world’s largest sovereign wealth fund, managed by Norges Bank Investment Management (NBIM) - has just launched a fresh review of its Israeli holdings following  revelations that it raised its stake in Bet Shemesh Engines, a jet engine supplier to the Israeli military, from 1.3% to over 2% in 2024.

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Iran’s National Development Fund: US$30 Billion Left - But Who Really Benefits?

6th August, 2025

Iran’s sovereign wealth fund - the National Development Fund of Iran (NDFI) - is sitting on a reported "balance" of US$30 billion, according to the Fund’s chairman Mehdi Ghazanfari.

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Can Ireland’s New Sovereign Wealth Fund Survive the Age of Tariffs and Tax Shocks?

7th July, 2025

In late 2023, Ireland set out to achieve what most European countries can only dream of: leveraging record fiscal surpluses into not one, but two sovereign wealth funds (SWFs), aimed at shielding the country from demographic headwinds and the looming costs of climate adaptation.

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Ethiopia's Maritime Gamble: EIH Steps onto the Political Stage

25th June, 2025

Ethiopian Investment Holdings (EIH) isn’t just Africa’s largest sovereign wealth fund at US$45 billion - it’s now Ethiopia’s most audacious power player, throwing its weight around in the region’s biggest geopolitical game: the scramble for ports.

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Djibouti’s Sovereign Wealth Fund Closure and the Unraveling of a Strongman State

20th June, 2025

Investors and regional analysts were left reeling when Djibouti’s government abruptly dissolved its Sovereign Wealth Fund (Fonds Souverain de Djibouti, FSD) in late April 2025, just weeks after the highly acclaimed Djibouti Forum and four months after renewing the CEO's three-year mandate.

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Cyprus’s SWF: On the Brink of Revival Amid Gas Hopes and Hard Realities

19th June, 2025

The eastern Mediterranean's energy landscape has always been complex, but in 2025, Cyprus faces a critical juncture.

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Botswana’s Billion-Dollar Dilemma: Should the Pula Fund Bet on De Beers?

10th June, 2025

For years, Botswana’s Pula Fund has been hailed as a model of fiscal discipline: a sovereign wealth fund that quietly turned diamond wealth into long-term national security.

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Danantara’s Bid for GoTo: A Strategic Power Play in the Battle for Indonesia’s Digital Soul

9th June, 2025

Indonesia had bold visions for its new sovereign wealth fund, Danantara, when it was launched in early 2025: to mirror Singapore’s Temasek in backing national champions, fueling industrial modernisation, and asserting control over the country’s digital destiny.

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India Offers Tax Holidays to Reel In Saudi Arabia’s US$100 Billion Investment Windfall

3rd June, 2025

India is pulling out all the stops to court Saudi Arabia’s mighty Public Investment Fund (PIF). In a fast-paced bid to unlock up to US$100 billion of Saudi investment, New Delhi has proposed a 10-year tax holiday on profits and sweeping exemptions on interest, dividends, and capital gains for PIF.

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Macron Bets on the Gulf: How France Is Harnessing Saudi Arabia’s PIF for Economic Revival

20th May, 2025

With the French budget in crisis and foreign direct investment into startups falling off a cliff, President Emmanuel Macron is doubling down on his most reliable card: foreign capital from sovereign wealth giants.

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Taiwan’s Sovereign Wealth Fund Debate: Visionary Leap or Strategic Risk?

19th May, 2025

Taiwan stands at a fiscal crossroads. With over US$567 billion in foreign exchange reserves - the sixth largest stockpile in the world - it has the firepower to build a sovereign wealth fund (SWF) that could deliver national returns and raise its global profile.

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