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Ethiopia’s EIH and Mauritius’ MIC join Africa’s SWF Club

7th July, 2023

On Thursday and Friday this week, Agaciro Development Fund hosted the second annual meeting of the African Sovereign Investors Forum (ASIF) in Kigali, Rwanda. The Forum was started by Morocco’s Ithmar Capital last year in Rabat in an attempt to increase collaboration among African SWFs, to compare notes of common challenges, and to create appealing, sizeable, Pan-African investment opportunities for foreign (e.g., Middle Eastern) SWFs.

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Champions in Resilience: NSIA becomes Africa’s flagbearer

6th July, 2023

On June 30, Global SWF published the 2023 GSR Scoreboard that assesses the progress of State-Owned Investors around governance, sustainability, and resilience since 2020. There has been significant improvement in best practices globally during the past three years, including resilience factors.

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Champions in Sustainability: PIF leads the way among ME investors

5th July, 2023

On June 30, Global SWF published the 2023 GSR Scoreboard that assesses the progress of various global investor firms around governance, sustainability, and resilience since 2020. There has been significant improvement in best practices globally during the past three years; especially among Middle Eastern funds, from 32% on average in 2020 to 52% on average in 2023.

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Champions in Governance: Future Fund's arm’s length independence

4th July, 2023

On June 30, Global SWF published the 2023 GSR Scoreboard that assesses the progress of State-Owned Investors around governance, sustainability, and resilience since 2020. There has been significant improvement in best practices globally during the past three years, especially around governance.

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UAE forms Ministry of Investment to be led by ADQ's CEO

3rd July, 2023

The United Arab Emirates (UAE) has been going through significant changes at federal level during the past few months:

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GSR Scoreboard 2023 Leader: Temasek Holdings

1st July, 2023

The leader of this year’s assessment is Temasek Holdings. For the past three years, the Singaporean State-Owned Investor has consistently ranked among those with best practices globally, and this year it scored 100% of the GSR elements with its website providing more clarity around its organizational structure.

2023 GSR Scoreboard

30th June, 2023

We are delighted to present the 2023 GSR Scoreboard, the most comprehensive analysis on the Governance, Sustainability and Resilience (“GSR”) practices and efforts of the world’s major State-Owned Investors (“SOIs”), including Sovereign Wealth Funds (“SWFs”) and Public Pension Funds (“PPFs).

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Thames Water Crisis Plunges Sovereign Investors in Deep Water

28th June, 2023

The biggest crisis in the UK’s utilities sector has engulfed the country’s biggest water firm, Thames Water, and is challenging the consortium of owners to cough up capital to prevent its collapse.

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BCI Notches Up Respectable Returns as it Continues Global Push

27th June, 2023

Canadian provincial pension fund British Columbia Investment Management Corporation (BCI) reported a 3.5% return for FY2022/23 with notably strong performances in infrastructure and emerging markets.

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UAE Sovereign Funds Snap Up Korean Talent in Bid for Asian Growth

26th June, 2023

Abu Dhabi sovereign wealth fund Mubadala has recruited rising star Ahn Seung-gu, Korea Investment Corporation's (KIC) senior director for private equity, as it seeks to boost its exposure to developed markets in Asia.

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The Global SWF-meter is now live!

23rd June, 2023

As industry analysts, we have always been fascinated by the changing meter on NBIM’s website. Anyone can see the market value of the world’s largest SWF at any point in time, according to the fluctuations in global financial markets. Over the years, NZ Super joined this effort and is now showing an “AuM-clock” on their homepage, too.

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Mumtalakat Extends Control of Carmaker McLaren as PIF Sells

22nd June, 2023

Bahrain’s sovereign wealth fund Mumtalakat has consolidated its hold on British carmaker McLaren by buying stakes from Saudi Arabia’s Public Investment Fund (PIF) and Ares Management for GBP400 million (US$510 million).

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