21st October, 2021
With public markets peaking, Norway’s US$1.4 trillion Government Pension Fund Global (GPFG) returned a meagre 0.1% in Q321 – an increase of NOK31 billion (US$3.7 billion) over the previous quarter – but was still able to beat its benchmark index by 0.25 percentage points.
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20th October, 2021
Sovereign investment in Australian real assets is soaring to new heights with US$9 billion spent on real estate and more than US$6 billion deployed into infrastructure – and this month is seeing the pace of investment continue.
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19th October, 2021
Korea’s National Pension Service’s (NPS) venture capital portfolio is set to break through the KRW1 trillion (US$840 million) million mark for the first time by end-2021 and up 10% over 2020.
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18th October, 2021
A preliminary agreement for collaboration between G42 Healthcare and Abu Dhabi sovereign wealth fund Mubadala is the latest development in a year that has seen a slew of capital commitments by state-owned investors in the healthcare sector.
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15th October, 2021
Singaporean state-owned investor Temasek is planning to pour S$1 billion (US$740 million) per year into deep-tech innovation in Singapore, in addition to the government’s S$25 billion (US$18.5 billion) Enterprise 2025 plan for tech development, Deputy Prime Minister Heng Swee Keat announced today.
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14th October, 2021
Paris-alignment is a hot topic ahead of the 2021 United Nations Climate Change Conference (COP26), which starts in little over two weeks, but sovereign wealth funds have failed to commit to the firm targets and assessments of the UN’s Net Zero Asset Owners Alliance (NZAOA) and the risk of "greenwashing" persists.
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13th October, 2021
Dutch public pension fund manager APG has thrown its weight behind the EU’s first green bond issue, purchasing EUR195 million of the debut issue.
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12th October, 2021
Norway’s outgoing centre-right government has proposed slashing withdrawals from the country’s US$1.4 trillion Government Pension Global Fund (GPFG) by more than 20% to NOK322.4 billion (US$37.7 billion) in 2022 – but it would still represent the third largest annual withdrawal in the fund’s 31 year history.
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11th October, 2021
New Zealand’s US$40.4 billion NZ Super celebrates its 20th birthday this week, after a year in which it reported its best ever return of 29.6%, beating its benchmark by 1.7%.
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8th October, 2021
Saudi Arabia’s Public Investment Fund and the Abu Dhabi Investment Authority (ADIA) have been approached to help support a US$1.0-1.5 billion investment in Tata Group’s electric vehicle subsidiary by US private equity group TPG Capital.
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7th October, 2021
Gulf sovereign wealth funds are preparing to pour billions more capital into private markets with new hires and restructuring.
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6th October, 2021
Saudi Arabia’s Public Investment Fund (PIF) is set to turn Newcastle United into one of the world’s most valuable football clubs if its planned GBP300 million takeover of the English Premiership side finally gets approval.
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