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PIF Misses AUM Target as Saudi Equities and Project Write-Downs Weigh on 2025 Performance

19th August, 2026

Saudi Arabia's Public Investment Fund (PIF) ended its 2021-2025 strategy with sharply higher consolidated profit but weaker investment performance, as falling Saudi equities, project impairments and changes to the domestic portfolio weighed on assets under management.

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Türkiye Wealth Fund’s Scale Grows, but Its Liqudity Test Gets Harder

28th July, 2026

Türkiye Wealth Fund’s consolidated assets rose by 49% to TRY 19.0 trillion (US$ 443.4 billion) in 2025, but the state’s share of earnings weakened. Revenue and operating profit increased, while consolidated net profit was almost unchanged in local currency and profit attributable to TWF fell by 14%.

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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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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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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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Canada’s Pension Giants Pass Funding Test As Benchmarks Bite

26th June, 2026

Canada’s public pension model still looks sound, but FY2026 showed why these funds cannot be judged by headline returns alone.

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Overview of Maharlika: Philippines' New Fund has Moved into Deployment and Remittance Phase

25th June, 2026

Maharlika Investment Corporation’s  (MIC) first quarter reporting shows a young sovereign fund still built around liquidity, but beginning to deploy more capital into Philippine strategic assets.

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Hong Kong Remains The Doorway For China’s US$2 Trillion Offshore Portfolio

22nd June, 2026

According to recently released figures, China’s biggest sovereign wealth fund is nudging US$2 trillion in AuM. The more interesting point, though, is not the ranking and scale, but where the money appears to sit and how China is using Hong Kong to keep offshore investing within a controlled financial perimeter.

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Libya’s SWF Can Earn Again, But Its US$80bn Scale Still Needs Proof

19th June, 2026

The Libyan Investment Authority’s Q1 2026 figures show a fund moving beyond legal defence while still operating inside the UN sanctions system.

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NPS Turns Korean Equity Rally Into Allocation Policy

29th May, 2026

South Korea’s National Pension Service has turned its domestic equity problem into allocation policy, as it tries to balance political objectives with its commercial mandate while having considerable heft in local markets.

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ICD’s Record Year Puts Dubai’s Operating Companies At The Centre Of State Returns

26th May, 2026

Investment Corporation of Dubai ‘s2025 annual report has passed with limited public attention, but it gives a rare consolidated view of Dubai’s government-owned company network.

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