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PIF Builds Its Own Electric Car

8th November, 2022

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is emerging as a leading financier of electric vehicles with the launch of its own indigenous brand, Ceer, in a joint venture with and Taiwan-based Hon Hai Precision Industry Company (Foxconn).

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The Battle of Goliaths: Why GPIF is Outperforming NBIM in 2022

7th November, 2022

Japan’s goliath US$1.34 trillion pension fund, the Government Pension Investment Fund (GPIF), has racked up an impressive performance in the face of major challenges, with a return for Q1-Q3 of the current calendar year of -3.8% - thanks to yen depreciation, a high allocation to fixed income and the Tosho’s relatively benign performance.

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QIA Considers Throwing a Lifeline to Troubled Credit Suisse

4th November, 2022

The Qatar Investment Authority (QIA) is undeterred by the plummeting value of its stockholding in Credit Suisse Group and is preparing to invest in a share sale alongside the Saudi National Bank, according to the Financial Times.

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GIC Strengthens Alliance with ESR in Asian Real Estate

3rd November, 2022

GIC has stumped up US$480 million in capital for yet another joint investment platform in real estate with ESR, cementing the ties between the Singaporean sovereign wealth fund and the Hong Kong-listed Asian real estate manager.

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Ethiopia, Abu Dhabi and Qatar Back Red Sea Infrastructure Boom

2nd November, 2022

The Red Sea continues to draw billions of dollars of investment from sovereign wealth funds, which are keen to capitalize on the resources and strategic position it occupies in global trade.

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Fund of the Month (Nov'22): Greece's GrowthFund (fka HCAP)

1st November, 2022

The past couple of years have been quite eventful for Greece’s SWF, as it rebranded from HCAP to Growthfund, appointed a new CEO and joined the international scene, including membership of the One Planet SWF network and the EMENA SWF foundation. We had the pleasure of speaking with its CEO, Gregory D. Dimitriadis, about the fund’s momentum and future plans.

PIF Stretches Its Wings Over MENA

28th October, 2022

Saudi Arabia’s sovereign wealth fund, Public Investment Fund, is set to launch a five new investment companies, modelled on the Saudi Egyptian Investment Company (SEIC, in the MENA region that will oversee SAR90 billion (US$24 billion) of investment.

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ADIA Surges and Focuses on North America and Active Management

27th October, 2022

The Abu Dhabi Investment Authority (ADIA) has finally published its 2021 annual report, indicating strong annual returns supported by surging public equities that lifted its 20-year annualized rate from 6.0% to 7.3% - although the world since end-2021 has transformed and the situation is significantly different 10 months on.

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Inflation Challenges Australian Funds’ CPI-Linked Returns Targets

26th October, 2022

Australian inflation soared to a 32-year high in Q3 amid rising costs of house building and energy prices, and if sustained it could challenge AustralianSuper’s returns targets.

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Renewable Investments Surge Ahead of COP27

25th October, 2022

As the world builds up to the COP27 summit in Egypt next month, Canadian and Arabian Gulf state-owned investors have ramped up their commitments to renewable energy.

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TAQA stock rallies, ADQ portfolio reaches US$ 157 billion

24th October, 2022

Since entering Abu Dhabi’s landscape four years ago, ADQ has been subject of many headlines. The Sovereign Investor has been tasked with managing an impressive portfolio of national champions, from energy and transportation, to financial services and healthcare. In March 2021, Global SWF were first to estimate ADQ’s assets under management at US$ 110 billion after a detailed analysis of its major assets.

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Hong Kong Claws Back Reputation with Co-Investment Fund

21st October, 2022

The Hong Kong SAR government is seeking to turn its back on a turbulent period with efforts to entice investors, including the establishment of a HK$30 billion (US$3.82 billion) a co-investment fund, under a new Hong Kong Investment Corporation (HKIC).

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