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Alaska's SWF Freezes In-State Investments and Grows Risk-Averse on Private Equity

19th April, 2023

One of the US’s biggest sovereign wealth funds is set to end investments in its home state, citing the potential for conflicts of interest and lack of sufficient opportunities.

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PIF Boosted to US$730bn As Its VC Arm Takes Aramco Stake

17th April, 2023

Saudi Arabia’s Public Investment Fund continues its rapid ascent with total assets under management estimated at US$730 billion, following the transfer of a 4% stake in the oil giant Saudi Aramco to the sovereign wealth fund’s wholly owned subsidiary, Sanabil Investments.

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Nigeria's Sovereign Fund Expands in Challenging Times

4th April, 2023

The Nigeria Sovereign Investment Authority (NSIA) has reported a 10th consecutive year of growth – as Aminu Umar-Sadiq took up the sovereign wealth fund’s leadership.

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OTPP Follows OMERS With Strong Return in Hostile Markets

17th March, 2023

The Ontario Teachers Pension Plan (OTPP) followed its provincial stablemate OMERS in reporting a benchmark-beating positive return in 2022, defying the trends seen elsewhere in the sovereign investor universe.

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OMERS Bucks Trends With Positive 2022 Return, But Lags Peers in Multi-Year Yields

28th February, 2023

Canadian public pension fund Ontario Municipal Employees Retirement System (OMERS) reported a 4.2% return in 2022, notching up C$4.9 billion (US$3.6 billion) in investment gains.

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Private Markets and US$ Strength Supports SWF Returns

8th February, 2023

The first flurry of full-year returns results for sovereign wealth funds and public pension funds shows a large spread of results, but is broadly in line with year-end estimates in Global SWF’s 2023 Annual Report.

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NBIM’s Losses Boost the Case for Private Equities Investment

31st January, 2023

The ripple effects of Russia’s invasion of Ukraine caused the biggest loss since the 2008 financial crisis for Norway’s US$1.3 trillion sovereign wealth fund – and put boosters on its case for portfolio diversification into private markets.

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A Tale of Two Cities: Contrasting Results of Dubai and Hong Kong Sovereign Funds

30th November, 2022

The latest financial results by the US$309 billion Investment Corporation of Dubai (ICD) and the US$503 billion Hong Kong Exchange Fund could not be more different.

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CIC Reaches New Heights and Pivots to Alternatives and the USA

11th November, 2022

The China Investment Corporation's (CIC) annual report released today showed the fund had notched up a record AUM of US$1.35 trillion at end-2021 with its foreign portfolio reporting a return of 14.3% - and signs are that this year it has surpassed Norway’s NBIM to become the world’s biggest ever sovereign wealth fund.

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The Battle of Goliaths: Why GPIF is Outperforming NBIM in 2022

7th November, 2022

Japan’s goliath US$1.34 trillion pension fund, the Government Pension Investment Fund (GPIF), has racked up an impressive performance in the face of major challenges, with a return for Q1-Q3 of the current calendar year of -3.8% - thanks to yen depreciation, a high allocation to fixed income and the Tosho’s relatively benign performance.

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Russia Re-purposes NWF In Defense of Sanctions-Hit Aeroflot

19th October, 2022

Russia’s fiscal stabilization fund is increasingly being used to support the government’s “war economy” as sanctions bite.

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PIF's Big Performance Disclosure Highlights Global Investment Push

3rd October, 2022

A prospectus for a green bond sale has delivered the biggest insight into Saudi Arabia’s rapidly growing Public Investment Fund (PIF), in a region renowned for the opacity of its sovereign wealth funds.

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