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CIC Roars Ahead, Exploiting Opportunities in Crisis to Post Strong Returns

5th March, 2021

The China Investment Corporation could soon overtake GPFG as the world’s biggest sovereign wealth fund after a roaring performance in international and domestic returns that beat the gloom of the pandemic. Global SWF estimates AUM is now over US$1.2 trillion, putting it neck and neck with Norway’s US$1.3 trillion fund.

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Khazanah Hit by Pandemic Effects on Malaysia’s Economy

4th March, 2021

Malaysian sovereign wealth fund Khazanah suffered a financial blow from the pandemic in 2020, according to its latest financial report, but ongoing restructuring has ensured it remains profitable and debt is being steadily cut even as dividends to the government grow.

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CDPQ Snaps Up Brazilian Telecoms Opportunity

3rd March, 2021

Canadian public pension fund Caisse de Depot et Placement du Quebec (CDPQ) has forged a 50:50 joint venture with Telefonica to forge a new Brazilian fribre option company.

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Mumtalakat Set to Double Contributions to Bahrain Budget

2nd March, 2021

In common with other oil-producing Gulf states, Bahrain is facing a financial crunch with a forecast deficit of BHD1.2 billion (US$3.2 billion) this year, following a 5.4% slump in GDP last year.

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Fund of the Month (Mar'21): Fondo de Ahorro de Panamá (FAP)

1st March, 2021

During the second half of 2020, FAP suffered the first two withdrawals in its short history, for US$ 105 million, i.e., an 8% of its AuM, to help support Panama’s recovery. At the same time, the fund managed to record its second highest return, to start investing in private capital, and to become a signatory member of the UN’s PRI. We had the pleasure to catch up with Mr. Abdiel Santiago, its CEO & CIO, who has led FAP for the past 7 years and is highly respected in the international investor community.

Mubadala Seeks to Power Up Renewables in Ukraine, Uzbekistan and Kazakhstan

27th February, 2021

Mubadala’s green investment arm, Masdar, is pushing into frontier markets in the Commonwealth of Independent States to establish clean energy production.

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What would you do with 1.3 trillion dollars?

26th February, 2021

NBIM released its 2020 annual reports today, attracting a lot of attention from the citizenry and commentators from around the world.

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Are Sovereign Investors Returning to the London Office Real Estate Market?

24th February, 2021

The City of London Corporation’s approval of a 38-storey development at 2 Finsbury Avenue, planned by Singaporean sovereign wealth fund GIC and British Land, suggests SOI interest in the London real estate market could be reviving.

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Chinese Funds Spring Into Life with Bids for Saudi Pipelines

23rd February, 2021

The China Investment Corporation (CIC) and the Silk Road Fund are among a range of investors bidding for a US$10 billion stake in Saudi Aramco’s oil pipelines.

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PIF Subsidiary Drives Saudi Military Development

22nd February, 2021

With the US's Biden administration imposing an arms trade ban on Saudi Arabia over its intervention in Yemen, the defence industry arm of the Kingdom’s sovereign wealth fund PIF is pushing ahead with military product development and weapon system projects.

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AP4 Sets Ambitious Climate Targets as Public Pension Funds Push Environment Agenda

19th February, 2021

Sweden’s AP4 is aiming to halve the carbon footprint of its investments by 2030 with a goal of net zero by 2040 at the latest, it announced today.

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PIF's US Public Equity Holdings Reach All-Time Highs, But Missed Out on Tesla's Rise

17th February, 2021

Investment in US equities by Saudi Arabia’s Public Investment Fund (PIF) hit an all-time high of US$12.78 billion by end-2020, according to its latest stock exchange filings.

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