25th October, 2023
Canada’s federal public pension fund, CPP Investments, is looking to take the tougher route towards greening its portfolio – but one that will have more impact on the energy transition.
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24th October, 2023
Norway’s sovereign wealth fund, known as GPFG or NBIM, returned -2.1% in the third quarter of 2023, with all asset classes having similar negative returns. The aggregrate results for the first nine months of 2023 are still positive at 7.7%, thanks to the strong recovery of the equity markets, when compared to 2022.
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23rd October, 2023
Abu Dhabi Inc. is an ever-changing landscape, and its various Sovereign Wealth Funds are making strides both at home and overseas. One of them is ADQ, formerly known as Abu Dhabi Development Holding, which contributes to about 22% of the emirate’s non-oil GDP.
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20th October, 2023
Abu Dhabi’s infra-heavy sovereign wealth fund ADQ continues to pursue a policy of consolidation of portfolio companies into large conglomerates ahead of listing, with pharmaceuticals next in line for the rapid restructuring process – following the same path as PureHealth which in August grouped together the emirate’s heathcare interests.
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19th October, 2023
India’s quasi-sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF), is planning to offload a road portfolio worth around INR100 billion (US$1.2 billion), representing a huge chunk of its Master Fund.
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18th October, 2023
On Wednesday, the Geneva-based United Nations Conference on Trade And Development (UNCTAD) presented a report titled “A Sustainability Integration Framework for Institutional Investors”, which it drafted with the assistance of Global SWF during 2022 and 2023.
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17th October, 2023
Kuwait’s recently appointed Minister of Finance Fahd al-Jarallah has referred alleged legal violations by the London office – the Kuwait Investment Office (KIO) – of the country’s sovereign wealth fund to the public prosecutor.
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16th October, 2023
Malaysia’s 2024 Budget has handed to Khazanah the government’s venture capital agencies Penjana Kapital and Malaysia Venture Capital Management (MAVCAP) in a bid to nurture the country’s startup ecosystem, in a further evolution of the sovereign wealth fund’s mandate.
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13th October, 2023
China’s state-owned investors are throwing their massive weight behind troubled domestic stocks in a sign that Beijing is using government wealth to stabilize markets.
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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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11th October, 2023
On October 11, 2008, the International Monetary Fund (IMF)-convened International Working Group of Sovereign Wealth Funds (IWG-SWF) formally launched the Generally Accepted Principles and Practices (GAPPs), also known as the Santiago Principles. Fifteen years later, the 24 guidelines are in dire need of a comprehensive reformulation.
10th October, 2023
On Tuesday, ADIA finally released its 2022 Annual Report, shedding some light on its latest developments:
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