30th November, 2021
It is easy to forget that the UAE has a federal fund, given the high profile of their SWFs at emirate level. Luckily, its Board of Directors, led by Sheikh Mansour, reminded us of its importance last night. In his speech, the Deputy Minister of the UAE announced a new strategy “Fifty Principles” that aligns with the country’s development over the next fifty years.
29th November, 2021
The Qatar Investment Authority (QIA) is looking to deepen its exposure to British infrastructure and is touted as one of the potential buyers for US$7 billion worth of British electricity and natural gas transmission networks.
26th November, 2021
The approval of the A$5.2 billion (US$3.7 billion) takeover of Spark Infrastructure by a consortium of private equity giant Kohlberg Kravis Roberts (KKR), the Ontario Teachers’ Pension Plan (OTPP) and PSP Investments marks the latest acquisition involving Canadian public pension funds, who have emerged as the leading foreign investors in Australian infrastructure.
25th November, 2021
Diplomatic rapprochement between the UAE and Turkey was sealed this week with a series of agreements between the two countries’ sovereign wealth funds and portfolio companies.
24th November, 2021
Boosting top-level talent has been a focus of appointments among state-owned investors as they seek to adapt to a rapidly changing market environment.
23rd November, 2021
Latest data on Chinese A-shareholdings show that the world’s biggest sovereign wealth funds and public pension funds are moving in radically different directions as their emerging market equities strategies diverge.
22nd November, 2021
Brazil may consider relaunching its sovereign wealth fund, the Fundo Soberano do Brasil (FSB), after the establishment of two sub-national funds in the past two years.
20th November, 2021
BlackRock is set to rival the size of the entire sovereign wealth industry with assets under management topping US$10 trillion, supported by a bull market run.
19th November, 2021
The pandemic has fuelled investor interest in biotech, life sciences and drug discovery with state-owned investors ploughing more than US$5.5 billion into the space so far this year, mostly in the form of venture capital for startups – an increase of 53% over the whole of 2020.
18th November, 2021
On Monday this week, the Board of Administration of CalPERS – the world’s largest state-level pension fund – confirmed the new investment strategy for the next four and a half years. And the new target asset allocation represents a substantial change from the current mix.
16th November, 2021
Temasek’s US equities portfolio fell US$5.8 billion over Q3, due to a reduction in the value of its positions in financial services and retail & consumer sectors. Yet, its portfolio is still large in historical terms. In the 12 months to end-September, Temasek’s US equities have grown US$8.9 billion – an increase of 45%.
15th November, 2021
Lucid’s IPO has helped triple the value of US stocks held by Saudi Arabia’s sovereign wealth fund, according to its latest 13F filing with the SEC.