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Future Fund Looks to Commodities as Stagflation Hedge

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.

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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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ADIA Presses Ahead with Multi-Billion Take-Private Strategy

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.

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Swedish pension giant Alecta Overhauls Leadership Amid Crisis

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.

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World’s Biggest SWF to Consider Private Equity, But Don’t Hold Your Breath

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.

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Sovereign Investors Hit By Banking Stocks Turmoil

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.

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PIF Leverages Portfolio Companies to Crowd In Saudi Private Sector Activity

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.

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QIA Gets Ready to Invest Gas Windfall

23rd February, 2023

The Qatar Investment Authority (QIA) is set for a big cash injection from the Gulf state’s natural gas bonanza, just as the fund is pushing ahead with an investment strategy that increasingly focuses on venture capital.

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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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No More Jam Tomorrow? Ardern's Resignation Signals Change to NZ Super Fund

19th January, 2023

Political change is coming to New Zealand, which could impact on the nation’s future generations fund, NZ Super Fund, as politicians on either side of the House of Representatives set out very different visions for its long-term funding and withdrawals.

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Oman’s SWF is Picking up the Pace with US$5bn of investment planned for 2023

20th December, 2022

The Oman Investment Authority (OIA) is planning US$5 billion of investments in 2023 alone, funded in part from divestment of eight assets, according to reports in the state media.

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PIF: Lucid Undermines Index-Beating Performance in US Equities

25th November, 2022

Saudi Arabia’s Public Investment Fund saw US$6.6 billion wiped off the value of its US public equity portfolio in Q3, around three quarters of which was caused by the 18.6% decline in the value of its stake in Lucid which was worth US$14.2 billion at end-September.

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