24th July, 2023
Global warming and related water scarcity are raising fears of rising food scarcity among populations already living on the edge, yet the arid desert kingdom of Saudi Arabia is plotting a path towards greater food self-sufficiency and cash crop production led by its burgeoning sovereign wealth fund.
Subscriber Post
14th July, 2023
With combined assets under management of US$1.45 trillion, South Korea’s state-owned investors – comprised of one sovereign wealth fund and six public pension funds – are major players in global markets, and their evolving strategies are set to have a significant impact on investment flows, with alternative asset classes set to be the main winners.
Subscriber Post
21st June, 2023
The President of Korea’s US$169.3 billion sovereign wealth fund, the Korea Investment Corporation (KIC), reiterated the fund’s target allocation to alternative investments at 25% of AUM by 2025 in an interview with Bloomberg, indicating it is set to release billions of dollars of capital into global private markets.
Subscriber Post
7th June, 2023
Few public pension funds have the kind of commitment CDPQ has to their home economies, with most focused solely on optimal returns.
Subscriber Post
16th May, 2023
Saudi Arabia’s US$730 billion sovereign wealth fund, the Public Investment Fund (PIF), threw its weight behind green energy, gaming and the internet in the first quarter, while slashing exposure to payments processor Visa and Chinese e-commerce company Pinduoduo.
Subscriber Post
27th April, 2023
Australia’s A$202.8 billion (US$135.8 billion) Future Fund notched up a 3.4% return in the first quarter, as it displayed resilience against stock market volatility and inflation, delivering a 1.1% return for the full financial year ending in March.
Subscriber Post
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.
Subscriber Post
14th April, 2023
Sovereign wealth funds have been prominent buyers in listed companies going private in recent months, and yet another big deal is on the horizon: a proposed GBP4.6 billion (US$5.7 billion) takeover of Dechra Pharmaceuticals by the Abu Dhabi Investment Authority (ADIA) and Swedish private equity firm EQT.
Subscriber Post
14th April, 2023
Sweden’s biggest pension fund manager Alecta has ousted its CEO Magnus Billing following massive losses in high-risk US bank investments.
Subscriber Post
12th April, 2023
Norway’s US$1.35 trillion sovereign wealth fund, the Government Pension Fund Global, could start investing in private equity, potentially funneling billions into the asset class - but even if Norges Bank Investment Management (NBIM) agrees to a government request to examine "various aspects of unlisted equities”, any deployment is likely to be gradual and conservative.
Subscriber Post
16th March, 2023
The sovereign investor universe is being pummelled by the turmoil in the trade of banking stocks on global markets, revealing yet again doubts over strategy that had previously been highlighted in crypto-related investments.
Subscriber Post
15th March, 2023
Saudi Arabia’s private markets are set to receive a boost from the Kingdom’s sovereign wealth fund, with plans designed to increase the role of the domestic private sector from 40% to 65% of GDP by 2030.
Subscriber Post