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Nigeria’s Sovereign Fund Posts Gains, but Warns of Inflation and Recession Risks

24th May, 2022

The Nigeria Sovereign Investment Authority (NSIA) shrugged off the impact of market volatility to post its ninth successive year of earnings, but has warned 2022 could be the most challenging year yet due to the impact of inflation, Russia’s invasion of Ukraine and supply chain bottlenecks on all asset classes.

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Kingdom Holdings Set to Align with PIF’s Strategic Domestic Interests After US$1.5bn Deal

23rd May, 2022

Saudi Arabia’s US$600 billion Public Investment Fund (PIF) has snapped up a 17% stake in Kingdom Holdings (KHC), a Saudi private investor in industry and real estate majority owned by its billionaire founder Prince Al Waleed bin Talal Al Saud, for US$1.5 billion – suggesting the two entities could align more closely in areas of common interest.

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ADIA Gets Leaner for Fitter Performance, Closing Offices and Deepening Partnerships

20th May, 2022

The Abu Dhabi Investment Authority (ADIA) has radically pared back its staffing levels in a push towards greater efficiency and focus.

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QIA Catches Up With Mubadala in Spain

19th May, 2022

The Qatar Investment Authority (QIA) has pledged to invest US$5 billion into the Spanish economy, emulating Abu Dhabi sovereign wealth fund Mubadala’s multi-billion dollar bilateral deals.

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Sovereign Investment Supports Europe's Bid to Ween Itself from Russian Energy

18th May, 2022

Geopolitical risks to energy markets is set to drive state-owned investors allocations to European renewables projects, helping to accelerate the impetus towards net zero.

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Russia's NWF Holds Up ... For Now

17th May, 2022

Russia’s National Wealth Fund (NWF) has so far defied expectations that it faces a slump in portfolio value amid increasing sanctions and domestic economic recession, but the situation could still change as Western governments tighten their measures in response to intervention in Ukraine.

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Equities - Temasek Under-Performs; PIF Suffers Lucid Losses

16th May, 2022

Filings by Saudi Arabia’s Public Investment Fund (PIF) and Singapore’s state-owned holding company Temasek show they were hit by the shock to markets in the first quarter as the Russian intervention in Ukraine sent the global economy reeling.

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Sovereign Backers of Vision Fund Hit by Son’s Strategic Failure

13th May, 2022

Sovereign wealth funds of Saudi Arabia and Abu Dhabi are among the main losers of Masayoshi Son’s Vision Fund gambles on tech venture capital.

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Namibia Launches Commodity-Backed Fund

12th May, 2022

Africa saw the launch of its latest sovereign wealth fund in the form of Nambia’s more conventional commodity-backed Welwitschia Fund.

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Mubadala Income Surges With IPOs and Robust Returns

11th May, 2022

Mubadala’s 70% surge in income to AED122 billion (US$33 billion) in 2021 validates Global SWF’s recent 2021 Fund of the Year award which acknowledged its rapid development as one of the Middle East's biggest and fastest growing funds.

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Sovereign Capital Cements Kuwait-Pakistan Relations

10th May, 2022

India has tended to steal the show when it comes to state-owned investors, but a subsidiary of the Kuwait Investment Authority (KIA) has turned its attention to neighbouring Pakistan in a US$750 million agreement to drive its economic development, with renewables at the heart of its strategy.

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OMERS Leaves a Towering Impression on Australian Digital Infrastructure

9th May, 2022

Canada’s second largest public pension fund, OMERS, is acquiring a major Australian portfolio of mobile towers from TPG in a deal worth A$950 million (US$660 million), marking its first foray into the Asia-Pacific digital infrastructure sector.

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