5th July, 2024
Ireland’s government is being pulled in two directions as a result of a corporation tax windfall, tempted by pre-election giveaways but mindful of its objective for long-term savings in two new sovereign wealth funds.
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6th June, 2024
Most political parties competing in the UK general election have pledged some form of sovereign wealth fund if they win power on June 4th, but like all manifesto commitments they are light on detail.
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18th March, 2024
The eastern Malaysian state of Sarawak’s sovereign wealth fund has appointed its first CEO as it embarks on its mission to build long-term savings for the resource-rich state.
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8th February, 2024
A new EUR2 billion fund launched by Spain’s Compañía Española de Financiación del Desarrollo (Cofides) has been launched to catalyze foreign capital.
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12th October, 2023
The sovereign wealth universe continues its steady expansion with Ireland and Portugal launching new funds this week, funded with budget surpluses – a rarity in Europe and unthinkable in the aftermath of the 2008 crisis when the two countries were plunged into financial distress.
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3rd October, 2023
Renamed the Mutapa Investment Fund after the vast kingdom that covered modern Zimbabwe, Zimbabwe’s sovereign wealth fund is expanding rapidly raising concerns that President Emmerson Mnangagwa is building an empire beyond the remit of the constitution.
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1st October, 2023
The most active Latin American country in terms of new SWFs is Brazil, where several cities and states have set up their own savings vehicles, under the umbrella of FFSB. We were delighted to catch up with Dr. Fernanda Feil and Mr. Leandro Ferreira, Co-Directors of the Forum.
26th September, 2023
Australia’s US$106 billion Aware Super fund has started recruiting for its planned new London office, hot on the heels of Canada’s Healthcare of Ontario Pension Plan’s (HOOPP) announcement that it is opening an office in the British capital as part of its plan to diversify its geographical exposure and expand its holdings in alternatives.
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20th September, 2023
Global SWF examines the recent developments relating to new sovereign wealth funds in Hong Kong, Israel, Pakistan and the Philippines.
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31st July, 2023
Mozambique is set to relaunch its plans for a sovereign wealth fund funded by LNG exports, which stalled in recent years amid instability in the country’s gas-rich north.
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25th July, 2023
Pakistan is planning to join the growing list of emerging markets developing new strategic sovereign wealth funds with at least seven state assets worth at least PKR2.3 trillion (US$8 billion) set to be transferred to the new organization.
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17th July, 2023
Kuwait announced it is launching a new sovereign wealth fund with a strategic domestic economic development mandate, just days after the Minister of Finance quit his post after control of the country’s existing SWF – the US$801 billion Kuwait Investment Authority (KIA) – was transferred to another ministry.
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