20th February, 2023
Saudi Arabia’s Public Investment Fund (PIF) is continuing its aggressive push into the gaming industry, becoming the biggest foreign shareholder in Japan’s Nintendo and buying a stake in Chinese e-sports company VSPO.
17th February, 2023
The Turkiye Wealth Fund’s (TVF) decision to prop up domestic public equities following the devastating earthquakes demonstrates the power of sovereign wealth funds in times of crisis, but do such short-term emergency measures compromise a SWF’s long-term mandate to invest for yield and economic development?
16th February, 2023
Temasek’s US equity holdings grew 2.1% to US$17.1 billion in Q4 2022, but down US$10.6 billion or 38% on end-2021 due to a combination of slumping stock prices and significant adjustments in a portfolio that had been relatively static.
15th February, 2023
The slump in the value of electric carmaker Lucid caused a 16% q-o-q fall in the value of the Public Investment Fund’s (PIF) US equity portfolio to US$30.9 billion, but Global SWF’s estimates indicate a rapid turn in fortunes in the past six weeks with the reversal of Q4 losses.
14th February, 2023
Singapore sovereign wealth fund GIC has denied the Financial Times’ report that it has “put the brakes on private investments in China” – yet Global SWF data shows a massive tilt away from China and towards the USA, UK and Australia.
13th February, 2023
A INR150 billion (US$1.8 billion) tech-focused Indian real estate platform represents formed by Ivanhoé Cambridge – the real estate arm of Canadian pension fund CDPQ – and Singaporean state owned investor Temasek’s Mapletree represents a landmark leap forward in foreign real estate investment in India.
10th February, 2023
The US$157 billion British Columbia Investment Management Corporation (BCI) has chosen London as its first base of operations outside North America in a bid to ramp up its infrastructure acquisitions in the UK and the EU.
8th February, 2023
The first flurry of full-year returns results for sovereign wealth funds and public pension funds shows a large spread of results, but is broadly in line with year-end estimates in Global SWF’s 2023 Annual Report.
7th February, 2023
One of Canada’s biggest public pension funds, Québec’s CDPQ, has added a 50% stake in a Montréal road and bridge concession to its growing portfolio of domestic, province-oriented real assets, affirming its leading role in the country’s infrastructure space.
6th February, 2023
The London office real estate market is increasingly attractive as prices drop and the pound sterling remains weak by historical standards.
3rd February, 2023
The opening up of the Chinese economy from severe Covid restrictions along with interventions in so-called “Big Tech” is set to re-engage Singaporean capital, even though Western funds remain reticent.
2nd February, 2023
In an era of climate change, pressures on water resources and a burgeoning global population reaching 10 billion, indoor vertical farming is emerging to overcome the challenges and address growing food demand.