5th February, 2021
Today’s block-busting IPO by Kuaishou in Hong Kong saw market cap of the Chinese viral video app reach US$180bn, and increasing the value of Temasek’s initial investment in the TikTok rival by 6.3 times within almost 14 months, according to Global SWF estimates.
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4th February, 2021
State-owned investors in Australian regional electricity transmission company Transgrid and could suffer a financial short-circuit after the Australian Energy Market Commission (AEMC) issued a draft ruling against its bid to secure a faster recovery of revenue for large capital investments.
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3rd February, 2021
The Kuwaiti government has sold its last performing assets to the Kuwait Investment Authority (KIA) in a bid to bridge its yawning budget deficit as it struggles to pay its bills, but the ongoing fiscal problems and political resistance from parliament pose a challenge to the KIA's future.
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2nd February, 2021
Investment in Indian highways could accelerate in 2021 following a year of stalling activity among state-owned investors, in the wake of the Covid-19 pandemic.
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1st February, 2021
In December 2020, NIIFL announced that it had officially closed the Master Fund, which is focused on Indian core infrastructure, with USD 2.34 billion in commitments, including two SWFs (ADIA, Temasek), four PPFs (AustralianSuper, CPP, OTPP and PSP), US DFC and a number of domestic investors such as ICICI Bank, HDFC Group, Axis Bank and Kotak Mahindra Life Insurance. The institution is now fundraising for a Strategic Opportunities Fund (direct private equity) and a Fund of Funds, targeting a total to US$ 6 billion AuM. NIIFL is now regarded as a success story that focuses on two critical assets for the country – private equity and infrastructure – with governments around the world keen to emulate the model. We had the pleasure to catch up with its Head of Investor Relations & Partnerships, Ms. Saloni Jhaveri.
29th January, 2021
GIC has bought a 20% of Utilities company Duke Energy Indiana for over $2 billion
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28th January, 2021
NBIM returns an 11% and grows a 12% despite withdrawals - new AuM at US$ 1.3 trillion
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27th January, 2021
Future Fund published today its year-end performance, confirming the great disconnect between financial markets and economic reality
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26th January, 2021
Canadian Funds continue to bet on the region with OMERS leading the pack
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25th January, 2021
MbS unveiled the new Strategy Plan, under which PIF would grow to over USD 1 trillion AuM by 2025.
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22nd January, 2021
Indonesia’s plans to encourage FDI in startups through liberalization measures coupled with its new SWF acting as a lightning rod for capital will spur sovereign investor interest in a large swathe of an economy that offers stable growth and huge potential.
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22nd January, 2021
A slew of executive orders passed by Joe Biden in the wake of his inauguration will shift the investment climate for state-owned investors with a greater emphasis on sustainability.
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