News

Labor’s Victory and the Future Fund: Australia's Sovereign Investment Set to Evolve

6th May, 2025

Australia's decisive election result on May 3rd delivered a fresh mandate to the Labor Party - and with it, a dramatic redefinition of the role and purpose of the nation’s A$230 billion sovereign wealth vehicle, the Future Fund.

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Saudi PIF Raises Billions as Vision 2030 Enters Leaner, Smarter Phase

5th May, 2025

Saudi Arabia’s Public Investment Fund (PIF) has engaged the debt markets again with a US$1.25 billion, seven-year sukuk - its second debt sale of 2025 - with pricing tightened from an initial 145 basis points over US Treasuries to just 110bps after drawing more than US$8.2 billion in orders.

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Blowing in the Wind: GIC’s Exit from Greenko Stalls Amid Market Headwinds

2nd May, 2025

Singapore’s sovereign wealth fund GIC is finding its path to the exit blocked by volatile winds in the global renewables market.

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Fund of the Month: State Oil Fund of Azerbaijan (SOFAZ)

1st May, 2025

The State Oil Fund of Azerbaijan is one of the world’s best known examples of a successful and resilient stabilization fund, and is among the most transparent and best governed SWFs. We were delighted to speak with Mr. Farhad Zeynalov, its Chief Investment Officer, about SOFAZ’s background, portfolio, and future goals.