ART Follows the Multi-Billion Australian Tide of Capital Into the UK

8th May, 2024

The Australian Retirement Trust (ART) will be investing a larger share of its US$177 billion portfolio in Europe after it opened its first overseas office in London, becoming the latest Australian super fund to channel billions through new London offices.

Subscriber Post

Mubadala Fuels Energy Revolution in Brazil with US$13.5bn Commitment

7th May, 2024

Mubadala is set to break records in Brazil with plans for a US$13.5 billion biofuels project on top of an array of recent commitments to the South American nation, which have surged since President Lula – a past critic of its ownership of the 330,000b/d refinery in Mataripe – took up office for a second time last year.

Subscriber Post

2024 GSR preliminary scoring finalized, consultation begins

6th May, 2024

The fifth edition of the GSR Scoreboard will be released in eight weeks’ time, on Monday, July 1. Since 2020, Global SWF has issued an annual assessment of the best practices of state-owned investors around Governance, Sustainability, and Resilience.

ADIA Makes Aggressive Push into Indian Logistics and Residential Real Estate Markets

3rd May, 2024

The Abu Dhabi Investment Authority (ADIA) is continuing its investment drive in India with the former boosting its support for Mukesh Ambani’s Reliance empire by investing in its logistics infrastructure, while also forging alliances in high growth residential real estate markets.

Subscriber Post

NPS Allocation to External Managers Set to Reach Record US$1bn+ in 2024

2nd May, 2024

South Korea’s goliath National Pension Service (NPS) is making its biggest allocation to external managers with its plans to invest US$1.1 billion with South Korea-based general partners (GPs).

Subscriber Post

Fund of the Month (May'24): Seventh AP Fund (AP7)

1st May, 2024

AP7 is the state alternative to the private investment funds offered within the Swedish premium pension system. The fund has been the best performing State-Owned Investor globally in the past decade, and recently announced plans to increase the allocation to alternative asset classes from 4% up to 20% of the portfolio. We had the pleasure of speaking with its CEO, Mr. Pål Bergström, about the fund’s success, strategy, and future objectives.

BlackRock Deepens Relationship With Saudi Arabia

30th April, 2024

Saudi Arabia’s US$925 billion Public Investment Fund (PIF) has given BlackRock a US$5 billion mandate to help establish a multi-class investment firm based in the capital, called BlackRock Riyadh Investment Management.

Subscriber Post

ADQ Approaches US$200bn, but Stake in Lunate is Still Unknown

29th April, 2024

Opacity is the common characteristic of most Arabian Gulf sovereign wealth funds, but ADQ’s disclosure this week with a prospectus for a bond issue shines a light on the Abu Dhabi fund’s evolution.

Subscriber Post

NBIM Bolsters Iberdrola JV in Renewables and Returns to British Retail Real Estate

26th April, 2024

The Norwegian government’s decision to turn down sovereign wealth fund manager NBIM’s request to diversify into private equity has been followed by a step-up in investments in real estate and renewables.

Subscriber Post

Championing Consolidation: Gulf SWFs Create Global TowerCo Giants

25th April, 2024

Saudi Arabia’s Public Investment Fund (PIF) has forged a joint venture deal with the Kingdom’s telecoms company STC which sees it acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL), which is set to form the basis of the Middle East’s biggest telecommunications infrastructure company – and a global player.

Subscriber Post

Championing Consolidation: ADQ Creates Pharma Giant

24th April, 2024

Gulf sovereign wealth funds are continuing to consolidate assets, grouping them into platforms to become regional and global champions.

Subscriber Post

UAE SWF's Chunky Listed Assets Buffeted By Markets, But Funds Will Remain Firm

23rd April, 2024

Emirati sovereign wealth funds’ decision to list assets can help drive private investment into their assets, free up capital for diversifying portfolios and improve transparency – but weighty listed assets can play havoc with portfolio values, as some funds have learned in the year-to-date.

Subscriber Post

News by Tag:
News by Fund: