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The Plundering of Iran’s NDF: How a Generational Safety Net Became a Government Piggy Bank

17th April, 2025

In 2011, Iran launched the National Development Fund (NDF) with the lofty ambition of preserving its oil wealth for future generations, insulating the economy from oil price shocks, and funding sustainable, private-sector-led development.

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Israel’s Citizens’ Fund: Resilience and Risk in the Shadow of Crisis

3rd April, 2025

At first glance, the 2024 performance of Israel’s Citizens’ Fund (CIF) seems very robust: 11.5% investment return and a jump in assets to US$2 billion.

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NSIA Posts Record Profit, Doubles Assets in 2024 as Nigeria's SWF Hits Its Stride

2nd April, 2025

In a blistering display of financial muscle, the Nigeria Sovereign Investment Authority (NSIA) has reported NGN1.89 trillion in Total Comprehensive Income (TCI) for 2024, up a staggering 59% from the previous year — a new record that signals the maturation of Nigeria’s sovereign wealth strategy.

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OTPP Shifts Asian Strategy: Closes Hong Kong Office, Boosts Presence in Singapore

20th March, 2025

Ontario Teachers' Pension Plan (OTPP), one of Canada's largest public pension funds, is closing its Hong Kong office and shifting its regional HQ to Singapore.

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NPS Swelled By Record Investment Gains, But Can It Weather Future Storms?

7th March, 2025

South Korea’s National Pension Service (NPS) marked a record-breaking 15% investment return in 2024, representing KRW 160 trillion (US$110 billion).

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KIC Hits Record US$206.5bn AUM as AI Stocks Fuel 8.49% Return in 2024

28th February, 2025

The Korea Investment Corporation (KIC) rode an AI equities boom to post an 8.49% return in 2024, marking another solid year for South Korea’s sovereign wealth fund despite increasing geopolitical and economic uncertainties.

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CDPQ’s 2024 Results: A Strong Year, but Real Estate Weighs on Performance

27th February, 2025

Caisse de dépôt et placement du Québec (CDPQ) posted a respectable 9.4% return in 2024, adding nearly C$40 billion (US$28 billion) to its net assets, which now stand at C$473 billion (US$330 billion).

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KWAP Delivers Record-Breaking Investment Returns Amidst Global Uncertainty

18th February, 2025

Malaysia’s pension scheme for government employees, the Retirement Fund Inc (KWAP), recorded its highest-ever investment income in 2024, generating MYR18 billion (US$4 billion) in returns and marking a 12% total return - the best performance since its inception.

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CPP Investments Delivers Strong Q4 Returns While Reshaping Portfolio for 2025

13th February, 2025

The Canada Pension Plan Investment Board (CPP Investments) closed 2024 on a strong note, reporting a net return of 3.8%.

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Sovereign Wealth Funds in 2024: A Year of Contrasts and Strategic Shifts

6th February, 2025

As global markets experienced turbulence in 2024, sovereign wealth funds (SWFs) navigated shifting economic conditions with varying degrees of success.

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Norway's US$1.8trn Wealth Fund Reaps Big Tech Rewards - But At What Cost?

29th January, 2025

Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, posted a stellar 13% return in 2024, adding a colossal US$222 billion to its coffers.

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Korea’s Pensions Bet Big: Global Stocks, AI, and Real Estate in a Time of Turmoil

8th January, 2025

South Korea’s pension system is navigating a period of transformation against a backdrop of political upheaval and global economic challenges.

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