30th July, 2024
Recent weeks and months have seen Saudi Arabia's Public Investment Fund (PIF) striking further into football and rugby with its investment in English team Newcastle leading to exponential growth in value, while it looks to snap up stakes in English rugby teams and develop Saudi Arabia's own domestic sporting prowess as a global brand.
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29th July, 2024
While the new Labour government is still finding its feet with the creation of a National Wealth Fund to invest in transition infrastructure, it has yet to get to grips with a fragmented and convoluted local government pension system while the existing “future fund” operated by the British Business Bank has failed to impress.
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26th July, 2024
An investment of more than US$600 million in US trailer lessor Transportation Equipment Network (TEN) by Abu Dhabi’s Mubadala and the Qatar Investment Authority (QIA) is the latest development in sovereign investor involvement in the transportation leasing sector.
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25th July, 2024
Affordable and social housing is emerging as a focus for state-owned investors (SOIs) who see opportunities for real estate asset growth as well as addressing social responsibility in their ESG mandates.
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24th July, 2024
Singapore’s sovereign wealth fund GIC has published its annual results for 2023 with the media whipping up a storm over the decline in the 20-year return for Singapore’s sovereign wealth fund GIC from 4.6% in 2023 to 4.3% in 2024 - - but there is a bigger story to be told behind the top-line figures.
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23rd July, 2024
Kuwait’s finance minister has revealed that the country’s fiscal stabilization, the Government Reserve Fund (GRF) overseen by the Kuwait Investment Authority, is heavily depleted, with liquidity falling by around 95% in the decade to end-March to less than KWD2 billion (US$6.5 billion).
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22nd July, 2024
The Australian Retirement Trust’s (ART) absorption of the A$9 billion (US$6 billion) Qantas Super marks the latest in the succession of consolidations within the Australian pension sector and places ART as a leader in merger and transition in Australia.
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19th July, 2024
Kazakhstan’s Samruk-Kazyna issued a briefing on its 2023 financial results today, boasting a 10% increase in assets to around US$79 billion and 4% growth in income from its portfolio companies.
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17th July, 2024
An agreement by three major Chinese green energy manufacturers to build production plants in Saudi Arabia is the latest episode in a good news story for Sino-Arabian economic relations, but the US's wariness of Saudi reliance on Chinese technological transfer could put Saudi Arabia’s Public Investment Fund (PIF) in a dilemma.
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16th July, 2024
Singaporean state-owned investor Temasek affirmed it is planning to commit US$10 billion to Indian investments over just three years, which should help raise its allocation to the South Asian economy to 10%.
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15th July, 2024
One of the world’s biggest public pension funds, South Korea’s National Pension Service (NPS), is boosting external management of its domestic private equity holdings while at the same time clawing back control over its overseas public equity allocations as it makes benchmark-beating returns its priority.
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12th July, 2024
Saudi Arabia’s Public Investment Fund (PIF) is planning to bolster hydrogen production by turning a little known subsidiary, the Energy Solutions Company (ESC), into a national champion, adding to its large and growing suite of industrial subsidiaries that seek to diversify the Kingdom’s economy, according to MEED.
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