11th July, 2024
Governance concerns have reportedly prompted the IMF to demand the abolition of the Pakistan Sovereign Wealth Fund as a condition for any new financial bailouts, in what is the biggest challenge to the country’s bid to create a state-owned investor.
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10th July, 2024
The UK’s new Labour administration is set to hit the ground running with its new GBP7.3 billion (US$9.3 billion) National Wealth Fund (NWF) by utilizing existing governance structures and capital to start immediate investment in “green” infrastructure.
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8th July, 2024
Governance issues are an enduring concern for nascent African sovereign wealth funds and while Mozambique is looking for best practice in establishing a commodity-backed SWF, neighboring Zimbabwe is accused by anti-corruption watchdogs of failing to meet adequate standards in the operations of the Mutapa Investment Fund.
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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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