9th February, 2022
The IPO of AD Ports has injected liquidity into the portfolio of its majority owner, the Abu Dhabi sovereign wealth fund ADQ – but with this comes volatility in the value of the fund’s portfolio, subjecting it to the turbulence of public markets.
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8th February, 2022
Saudi Arabia’s Public Investment Fund (PIF) has added Capcom and Nexon to its portfolio of chunky stakes in gaming stocks, making the sector one of its biggest targets in its public equity strategy and adding to its rapidly growing exposure to the gaming and eSports market.
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7th February, 2022
State-owned investors are showing growing confidence in the revival of the travel sector with a renewed impetus for hotel acquisitions.
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4th February, 2022
With the situation on Ukraine’s borders reaching fever-pitch, the prospect of harder sanctions against Russia has arisen – yet so far the Russian Direct Investment Fund (RDIF) has shrugged off US sanctions, securing co-investments in spite of restrictions.
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3rd February, 2022
Abu Dhabi sovereign fund Mubadala continues to forge bilateral relationships with Spain’s Compañía Española de Financiación del Desarrollo (Cofides) the latest investment partner.
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2nd February, 2022
US-based public pension funds have benefitted from the boom in equity markets and have been reporting extraordinary results for the 2021 fiscal year. But what has this meant for other funds and states, and what is the current situation across the US – which remains the world’s largest country in terms of sovereign capital?
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1st February, 2022
Wafra (Arabic for “abundance”, and the southernmost area in Kuwait) was established by the PIFSS over three decades ago and today invests on behalf of PIFSS and asset owners around the world. In 2018, it rocketed to new heights with the launch of Capital Constellation, an innovative JV among leading institutional asset owners across Europe, North America, and the Middle East. We had the immense pleasure of catching up with Daniel Adamson, SMD of Wafra Inc. and President of Capital Constellation.
29th January, 2022
Data centers are the infrastructure of the tech revolution and Singapore’s sovereign wealth fund GIC is boosting the digital superhighways of Asia with more capital.
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28th January, 2022
Norges Bank achieved a 14.5% return for its Government Pension Fund Global in 2021, its second-best return thanks to the stellar performance of US public equities. The fund’s return was 0.74 percentage points higher than the return on the benchmark index, equivalent to NOK76 billion (US$8.5 billion).
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27th January, 2022
South Korea’s mammoth public pension fund, the US$776 billion National Pension Service (NPS), upset domestic retail investors yet again by leading the market in dumping domestic stocks.
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25th January, 2022
Recent weeks have seen a continuation of a theme seen in 2021, when state-owned investors (SOIs) piled record amounts of investment in real estate joint venture partnerships with developers.
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24th January, 2022
Kazakhstan’s US$69 billion sovereign wealth fund, Samruk-Kazyna, announced today that it was slashing its staff numbers in half and is set to close offices in Beijing, Moscow and London.
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