Tag: Sovereign Wealth Fund

Following a weak 2022, the Government Pension Fund Global’s market value rose to $1.443 trillion at the end of June.

Despite the loss, the fund’s AUM grew to approximately $595 billion thanks to a 4% share transfer from Saudi Aramco.

GIC also reported 5- and 10-year annualized returns of 3.7% and 5.1%, respectively.

But the institutional investors revamped their approach to the asset class after it failed to protect them when equities tanked in 2022.

The pension giant raked in $72 billion during the quarter thanks to its public equities portfolios.

Indonesia’s largest cement producer allegedly presents a risk of damage to prehistoric cultural heritage sites.

The strategic/development fund will likely be seeded with stakes in six major government-owned companies.

CEO Nicolai Tangen acknowledged that Norges Bank Investment Management ‘lost a considerable sum’ from the Silicon Valley Bank failure.

Bluff joins sovereign wealth fund after 14 years at The Carlyle Group.

The $1.3 trillion pension giant is currently prohibited from investing in the asset class, but that may change.

The $1.4 trillion Government Pension Fund Global is investing $650 million in solar plants and wind farms in Spain.

The $1.2 trillion fund aims to create a system to measure its climate risk exposure by 2025.

Direct investments by sovereign wealth funds rise to record level in 2021.