22nd May, 2023
Abu Dhabi’s Mubadala reported a 2.9% drop in assets under management to AED1,015 billion (US$276 billion) in 2022, the largest contraction since 2014, but its -3.1% single-year return outstripped the benchmark and industry average (-8.1%)
Subscriber Post
3rd May, 2023
As in 2021 and 2022, we have studied the performance of all major Sovereign Investors. By May, most organizations had already released results, although eight of the 50 funds featured below were yet to report them and we estimated their FY22 yield based on benchmarks. Whenever possible, returns are expressed in net, nominal terms.
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
21st April, 2023
Norway’s Government Pension Fund Global (GPFG), managed by Norges Bank (NBIM), has affirmed its position as the world’s biggest sovereign wealth fund after posting a 5.9% return in Q1, led by a recovery in equity investments.
Subscriber Post
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.
Subscriber Post
21st March, 2023
Malaysian sovereign wealth fund Khazanah attained a MYR1.6 billion (US$360 million) operational profit in 2022, but its net asset value fell 5% to MYR81 billion due to global economic headwinds.
Subscriber Post
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.
Subscriber Post
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.
Subscriber Post
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.
Subscriber Post
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.
Subscriber Post
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.
Subscriber Post
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.
Subscriber Post