24th January, 2023
The Philippines’ new Maharlika Investment Fund faces a legal challenge from the country’s political opposition for “sequestering” dividends from state companies.
Subscriber Post
5th December, 2022
Australian super fund HESTA has boosted its AUM to nearly A$70 billion (US$57 billion) with more than 970,000 members following its merger with the smaller, 60-year-old Brisbane-based Mercy Super fund, which has 13,000 members.
Subscriber Post
28th November, 2022
In a volatile post-pandemic world, many governments in the Global South are looking to start – or restart – sovereign wealth funds, either to aid strategic economic development or for fiscal stabilization.
Subscriber Post
17th October, 2022
Nigeria’s financial heart, Lagos, is launching a sovereign wealth fund of its own – the Lagos State Wealth Fund – representing the latest in a surge new sub-national SWFs, from Brazil to Malaysia.
Subscriber Post
31st May, 2022
Israel’s plan to launch a sovereign wealth fund – the Israel Citizens’ Fund (ICF) – is finally going ahead on Wednesday (June 1st) after years of delays and reduced expectations.
Subscriber Post
12th May, 2022
Africa saw the launch of its latest sovereign wealth fund in the form of Nambia’s more conventional commodity-backed Welwitschia Fund.
Subscriber Post
14th December, 2021
Germany’s new “traffic light” coalition government is set to establish a new sovereign wealth fund, utilizing EUR60 billion (US$68 billion) of unused borrowing for green infrastructure and economic transformation.
Subscriber Post
22nd November, 2021
Brazil may consider relaunching its sovereign wealth fund, the Fundo Soberano do Brasil (FSB), after the establishment of two sub-national funds in the past two years.
Subscriber Post
27th October, 2021
Namibia is set to launch Africa’s newest sovereign wealth fund in coming weeks, but details have been notably sketchy. The SWF will join Africa’s 30 SWFs or sub-funds, most of which are relatively minuscule, with combined wealth of US$98 billion.
Subscriber Post
28th September, 2021
The merger of Australia’s QSuper and Sunsuper creates the country’s second biggest public pension fund with AUM of US$152 billion and two million members, sending the combined entity up the global league table to 22nd place, between Denmark’s ATP and behind Canada’s BCI and PSP Investments.
Subscriber Post
23rd August, 2021
The Sovereign Fund of Egypt (TSFE) is seeking to channel capital into a range of economic and social development projects, from education to utilities, through public-private-partnerships (PPPs), emulating state-owned investors established in India (NIIF) and Indonesia (INA).
Subscriber Post
17th August, 2021
Papua New Guinea’s struggle to start a sovereign wealth fund demonstrates the difficulties facing resource-endowed least developed countries (LDCs) seeking to put their wealth to good use.
Subscriber Post