19th September, 2022
The Qatar Investment Authority (QIA), Norway’s Norges Bank, and Abu Dhabi’s ADQ are joining with institutional investor T. Rowe Price as key cornerstone investors in the EUR9.4 billion IPO of Porsche AG, together committing up to EUR3.7 billion - signalling that SWFs' interest in the automotive industry continues to grow.
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16th September, 2022
Collectively known as the “stans”, the former Soviet republics of Central Asia are mineral wealthy, but often overlooked beyond their energy sectors – but sovereign wealth funds from the Arabian Gulf region are seeking to change this.
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15th September, 2022
A blockbuster deal backed by GIC to take real estate investment trust Store Capital Corporation private is proof that Singapore’s sovereign wealth fund is continuing its swing towards US real estate – as a bolt hole from economic uncertainty.
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14th September, 2022
Saudi Arabia’s ambition to become a global tourism destination is led by the US$620 billion Public Investment Fund (PIF), which this week announced it would acquire a 30% stake in Almosafer Travel & Tourism Co., a unit of Riyadh-listed Seera Group Holding for SAR1.55 billion (US$412 million).
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14th September, 2022
Canadian public pension funds CPP Investments and Ontario’s OMERS have cashed in their investment in Skyway Concession Company (SCC) at twice the value they invested, supporting the idea that infrastructure is a hedge against volatility in more liquid assets, such as public equities.
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12th September, 2022
New Zealand’s sovereign wealth fund, NZ Super, witnessed a -10.7% return in the first half of 2022, according to Global SWF calculations, as the decline in equities wiped NZ$5.6 billion (US$3.4 billion) off its portfolio value.
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9th September, 2022
The front-runner in the Brazilian presidential election Lula da Silva looks set to take aim at the privatization of the country’s refineries, putting him on collision course with Abu Dhabi sovereign wealth fund Mubadala.
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8th September, 2022
A new sub-fund is being established by The Sovereign Fund of Egypt (TSFE) to pool assets for public listing, attracting the interest of Gulf region’s sovereign wealth funds
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7th September, 2022
South Korea’s National Pension Service (NPS) has appointed a new chair as the fund faces a set of challenges amid an increasingly difficult economic outlook.
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6th September, 2022
The slump in New York-listed Azure Power’s stock value has cast a pall over strategy of state-owned investors who have sunk million in the Indian renewables sector.
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5th September, 2022
The world is set to see a new major flag carrier in the aviation industry, courtesy of Saudi Arabia’s Public Investment Fund (PIF) which is establishing a new airline with a US$30 billion capital injection.
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2nd September, 2022
After several months of hard work, we are delighted to announce the launch of the SWF Academy, in partnership with London Business School (LBS). The new Executive Education course will be offered a few times a year at LBS campuses in London and Dubai, providing the future leaders of Sovereign Investors with the right tools to succeed.
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