SustainabilityHQ SWF News and Information Dashboard

Listed below are the 50 most recent news articles about SWFs, continuously gathered from around the globe by the Institute.  The flow of news involved SWFs in general as well as the activities of specific SWFs and their investments. Archives are available in this content silo (which are permanently maintained).

Click here to search all of the SustainabilityHQTM databases.

Sovereign Wealth Fund News
Hong Kong warns of more severe economic hit from coronavirus   
April 05, 2020
Source: The Financial Times - Banks in the city have approved nearly 9,000 applications — worth more than HK$57bn ($7.4bn) — from small to medium-sized businesses for relief loans or extensions of repayment terms, according to the Hong Kong...
[more] 
COVID-19: Curtailing government officials’ appetite for luxury amid dwindling revenue   
April 05, 2020
Source: The Punch on MSN.com - In this article, FEMI MAKINDE examines the crash in the price of crude oil and the need for government officials at all levels to cut costs of governance and stop extravagant lifestyles for the nation to stay afloat in the face...
[more] 
States may need bailout to cushion effects of dipping revenues   
April 05, 2020
Source: The Guardian Nigeria - With receipts from crude at an all-time low, far below Nigeria’s budget benchmark ... money should be withdrawn from the Excess Crude Account to augment the shortfall to meet the minimum ...
[more] 
UAE Central Bank appoints new governor; extends debt relief measures until December 31   
April 05, 2020
Source: Gulf Business - With more than 35 years of experience in the banking and financial services, Saeed has held key positions as a board member of the First Abu Dhabi Bank, the Abu Dhabi Developmental Holding Company, the Emirates Investment...
[more] 
Debenhams fails to make pension payment as administration looms   
April 05, 2020
Source: The Daily Telegraph - Insolvency can allow the sponsors of pension schemes to hand over liabilities to the Pension Protection Fund (PPF), the official lifeboat, designed to ensure pensioners get at least most of what they are owed. However after a...
[more] 
China QFII quota at 113.16 bln USD   
April 05, 2020
Source: China Economic Net - China's dollar-denominated Qualified Foreign Institutional Investors (QFII) program saw its total quota at 113.16 billion U.S. dollars by the end of March, according to the State Administration of Foreign Exchange. As of the end...
[more] 
Masks still not recommended for community to protect against Covid-19 in Australia as death toll rises to 30 – as it happened   
April 05, 2020
Source: The Guardian - Chief medical officer Paul Kelly says ‘using a mask incorrectly can actually make it more dangerous’. This blog is now closed.
[more] 
Managing Nigeria’s Debt in Season of Despair   
April 05, 2020
Source: This Day - At the end of the administration of former President Olusegun Obasanjo in May 2007, Nigeria’s external reserves stood at $43.13 billion and $22 billion in the Excess Crude Account. The Excess Crude Account, ECA, had been...
[more] 
UAE Central Bank appoints new governor; extends debt relief measures to December 31   
April 05, 2020
Source: Gulfbusiness.com on MSN.com - Motivate Publishing © Motivate Publishing Central Bank UAE . On April 2, UAE President Sheikh Khalifa bin Zayed Al Nahyan issued a federal decree appointing Abdulhamid Saeed a
[more] 
A President without luck and a nation on verge of anarchy (1)   
April 05, 2020
Source: Vanguard - that Nigeria donated $100 million to the African Development Bank to help poorer African nations. Obasanjo returned in 1999 to see crude oil prices surging upwards. His administration was able to leverage our improved economic...
[more] 
TRIS Rating Reassesses the Impact of COVID-19 Pandemic   
April 05, 2020
Source: RYT9 - led by The Bank of Thailand in collaboration with a group of commercial lenders, insurance companies, and Government Pension Fund. Economic Contraction in 2020 Based on the impact we have witnessed today, we expect the Thai ...
[more] 
COVID-19 reminds us why we invest in Australian health and medical research   
April 05, 2020
Source: The Canberra Times - Not since World War II has Australia and the world been under such strict constraints ... and more recently, the Medical Research Future Fund. It is in times like these that we reap the returns on these investments. The sane,...
[more] 
Profund Advisors LLC Has $333,000 Holdings in Leidos Holdings Inc (NYSE:LDOS)   
April 05, 2020
Source: modernreaders.com - Renaissance Technologies LLC purchased a new position in Leidos during the fourth quarter valued at approximately $30,870,000. Finally, PGGM Investments purchased a new position in Leidos during the fourth quarter valued at...
[more] 
Racing NSW announces prize money cuts   
April 05, 2020
Source: YAHOO! - While racing is continuing in Australia under strict biosecurity protocols ... Accordingly, Racing NSW will absorb the losses from its future fund and also provide further funding to NSW race clubs from Racing NSW's cash reserves...
[more] 
Azerbaijan discloses budgetary funds to fight against coronavirus   
April 05, 2020
Source: Trend News Agency - “Moreover, the State Oil Fund of the Azerbaijan Republic sold funds worth $1.9 billion to stabilize the manat rate, the only currency that did not devalue during the crisis in the post-Soviet area in March 2020,”...
[more] 
China QFII quota at $113.16B   
April 05, 2020
Source: China Internet Information Center - China's dollar-denominated Qualified Foreign Institutional Investors (QFII) program saw its total quota at 113.16 billion U.S. dollars by the end of March, according to the State Administration of Foreign Exchange. As of the end...
[more] 
An elegant exit strategy for Covid-19 state aid   
April 05, 2020
Source: Moneyweb - The owners of Heathrow Airport, for example, include Qatar Holding, the government of Singapore’s GIC, and the China Investment Corporation. By making aid conditional on receipt of equity, Britain would be getting a stake...
[more] 
Collaborative Research Leads Fight Back Against COVID-19   
April 05, 2020
Source: Armed robbery in Revesby - The translation centres are accredited by the National Health and Medical Research Council and funded by the Commonwealth under the Medical Research Future Fund. The peak body for the translation centres, the Australian Health...
[more] 
Cirque du Soleil plans to survive the pandemic, thanks to a strong brand and an intricate reopening strategy   
April 04, 2020
Source: The Globe and Mail - Cirque du Soleil Chief Executive Daniel Lamarre says the strength of its brand will ensure it survives the coronavirus pandemic. In fact, he’s counting on it. Sitting a safe distance across a wide boardroom table at...
[more] 
Najib’s 1MDB trial to resume on April 15   
April 04, 2020
Source: The Sun - KUALA LUMPUR: The trial of former prime minister Datuk Seri Najib Abdul Razak (pix) who is facing corruption and money laundering charges involving RM2.3 billion of 1Malaysia Development Berhad ...
[more] 
Commendable Leadership in Covid Crisis Management:Economic Thought Leadership Warped'   
April 04, 2020
Source: News - Highest commendation and due recognition of the Governance Team’s leadership actions managing the Covid Crisis. These followed best - Get the latest breaking news and top stories from Sri Lanka, the latest political news,
[more] 
Malaysia’s sovereign fund names Prime Minister Muhyiddin as chairman   
April 04, 2020
Source: Business Recorder - KUALA LUMPUR: Malaysia's sovereign wealth fund Khazanah Nasional Berhad said on Wednesday Prime Minister Muhyiddin Yassin has been appointed as the chairman of its board of directors. Finance ...
[more] 
Why Tanzania, China’s $10 billion port project has just stalled   
April 04, 2020
Source: CNBC Africa - It is also financially backed by Oman’s State General Reserve Fund. Members of parliament demanded explanation from the government last week on delays in implementation of the project.
[more] 
iCON closes first dollar-denominated fund on $1.9bn   
April 04, 2020
Source: infrastructureinvestor - In total, the number of investors increased from 47 to 65. Investors in the fund include the New Mexico State Investment Council and the Ohio Police and Fire Department, which both committed $75 million. The presence of such...
[more] 
Cirque du Soleil in talks with pension fund Caisse for lifeline   
April 04, 2020
Source: bnnbloomberg - Cirque du Soleil Entertainment Group is in talks with Caisse de Depot et Placement du Quebec for rescue funding after the company’s shows were halted by the coronavirus pandemic, according to people with knowledge of the...
[more] 
Young China expert to spearhead Hana's globalization   
April 04, 2020
Source: koreatimes.co.kr - The decision is considered the group's best overseas investment to date with foresight The most pressing issue of great importance will be setting up a joint fund in the amount of 1 trillion won ($810 million) with China...
[more] 
Russia's central bank sees room for rate cut in coronavirus crisis   
April 04, 2020
Source: Thomson Reuters Foundation - CORONAVIRUS/RUSSIA-CENBANK-RATES (UPDATE 1):UPDATE 1-Russia's central bank sees room for rate cut in coronavirus crisis
[more] 
Film News Roundup: ViacomCBS Closes $375 Million Deal for 49% of Miramax   
April 04, 2020
Source: Variety - In today’s film news roundup, Miramax’s owners have sold 49% to ViacomCBS, Imax hires a new investor relations officer and Magnolia is giving early on demand releases to a trio of
[more] 
NWF’s funds sufficient to cover revenue shortfall due to oil price drop in up to 10 years   
April 04, 2020
Source: TASS - Liquid funds of Russia’s National Wealth Fund (NWF) totaled 10.1 trillion rubles ($138.8 bln) as of March 1, which is sufficient for covering the country’s shortfall in revenue related to the ...
[more] 
Nungsari Ahmad resigns as Khazanah Research Institute chairman   
April 04, 2020
Source: The Star - Economist Nungsari Ahmad Radhi has resigned as the chairman of the Khazanah Research Institute (KRI), reports The Malaysian Insight.
[more] 
Janus Henderson Group PLC Lowers Holdings in Essential Properties Realty Trust Inc (NYSE:EPRT)   
April 04, 2020
Source: theenterpriseleader.com - A number of other institutional investors have also modified their holdings of the stock. PGGM Investments purchased a new position in Essential Properties Realty Trust in the fourth quarter worth approximately $175,243,000....
[more] 
Khazanah Research Institute chairman quits   
April 04, 2020
Source: The Malaysian Insight - Khazanah Research Institute chairman Nungsari Ahmad Radhi has resigned after benefactor Khazanah Nasional Berhad no longer has confidence in him. – The Malaysian Insight file pic, April 4, 2020. NUNGSARI Ahmad Radhi today...
[more] 
Cirque du Soleil in Talks With Pension Fund for Lifeline   
April 04, 2020
Source: Bloomberg on MSN.com - Cirque du Soleil Entertainment Group is in talks with Caisse de Depot et Placement du Quebec for rescue funding after the company’s shows were halted by the coronavirus pandemic, according to people with knowledge of the...
[more] 
Russian national wealth fund covers half of expenses for coronavirus medical aid sent to New York   
April 04, 2020
Source: RT - The Russian Direct Investment Fund (RDIF) has announced it is investing in production of testing systems, medicine, and medical equipment necessary to battle the spread of Covid-19. Russia has recently delivered personal...
[more] 
Putin signed law on acquisition of Sberbank’s ordinary shares by government   
April 04, 2020
Source: TASS - The law prescribes that acquisition of Sberbank’s shares will be made within the framework of investing money from the National Wealth Fund (NWF) MOSCOW, March 18. /TASS/. Russian President ...
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OPINION | Albertans asked to have faith in province's pipeline play   
April 04, 2020
Source: YAHOO! - When it comes to investing billions of public dollars in private companies, Alberta politicians like to talk about former premier Peter Lougheed.Nobody likes to talk about former premier Don Getty.This week,
[more] 
Russia’s central bank says no further intervention to support rouble   
April 04, 2020
Source: The Financial Times - Under a budget rule introduced in 2017, Russia has accumulated an additional $150bn safety net by saving surplus oil and gas revenues, above a cut-off price of $42 per barrel, in a national wealth fund. Were the measures not in...
[more] 
Press review: UFC sets up shop in Russia and Putin-Trump talks mum on jailed Russian pilot   
April 04, 2020
Source: TASS - established by the Russian Direct Investment Fund and China Investment Corporation) and UAE's Mubadala, RBC writes on Wednesday. The newly established company will be involved in preparing and ...
[more] 
Azerbaijani State Oil Fund: Demand for state bonds rises sharply during period of economic uncertainty   
April 04, 2020
Source: Trend News Agency - Azerbaijan’s State Migration Service automatically accepted all requests from foreigners to extend their stay Politics 28 March 18:24 Netherlands' coronavirus deaths rise 93 to 639, infections ...
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Does The UK Offer Answers For Multi-Employer Pension Reform'   
April 04, 2020
Source: Forbes - Regular readers will know that, with respect to the multi-employer pension crisis, I’ve said repeatedly that a compromise solution is needed, and in January I proposed that a reasonable way to find middle ground in the...
[more] 
Production of paint, varnish up in Azerbaijan in Jan. 2020   
April 04, 2020
Source: Trend News Agency - Azerbaijani State Oil Fund to continue to invest in 2020 as part of strategy Economy 4 March 20:33 VTB Bank Azerbaijan’s strategy fully meets requirements of Azerbaijani economy Economy 4 March ...
[more] 
PulteGroup Inc.   
April 04, 2020
Source: Barron's - Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...
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ViacomCBS Acquires 49% Stake in Miramax   
April 04, 2020
Source: YAHOO! - ViacomCBS said on Friday that it has finalized its acquisition of a 49% stake in film and TV studio Miramax.BeIN Media Group will retain the remaining 51% stake in the company. The two said that Miramax’s current leadership...
[more] 
$1.5 million to support clinical management of COVID-19   
April 04, 2020
Source: Armed robbery in Revesby - The Australian Government is investing $1.5 million to support guidance for clinicians to ensure they are given the best possible advice on managing COVID-19 patients. The National COVID-19 Clinical Evidence Taskforce will...
[more] 
Hong Kong virtual bank launches Pilot Trial   
April 04, 2020
Source: Hubbis - Airstar Bank, a virtual bank based in Hong Kong, has launched a pilot trial which will be conducted within the confines of the Hong Kong Monetary Authority’s FinTech Supervisory Sandbox. Airstar Bank, a jointly established...
[more] 
Deloitte can no longer claim ignorance over 1MDB’s financials, says DAP   
April 03, 2020
Source: TODAYonline - KUALA LUMPUR — International auditing firm Deloitte cannot claim ignorance over 1Malaysia Development Berhad's (1MDB) financial statements or the latest allegations raised by The Wall Street ...
[more] 
Australian Football Hall of Fame inductees may have to wait until next year to receive the honour   
April 03, 2020
Source: heraldsun.com.au - This year's Australian Football Hall of Fame inductees have been told of their inclusion ... West Coast’s cash reserves are around $45 million while Collingwood has a $17 million future fund and $30 million in cash. The...
[more] 
UAE names new Central Bank governor   
April 03, 2020
Source: Trade Arabia - With more than 35 years of experience in the banking and financial services, Saeed has held key positions as a board member of the First Abu Dhabi Bank, the Abu Dhabi Developmental Holding Company, the Emirates Investment...
[more] 
UAE bans private classes in residences and educational centres   
April 03, 2020
Source: The Gulf Today - With more than 35 years of experience in the banking and financial services, Saeed held key positions as a board member of the First Abu Dhabi Bank, the Abu Dhabi Developmental Holding Company, the Emirates Investment Authority,...
[more] 
Abdulhamid Saeed Named New Governor of UAE Central Bank   
April 03, 2020
Source: ????? ?????? - UAE's President Sheikh Khalifa bin Zayed Al Nahyan issued a federal decree for 2020 appointing Abdulhamid Saeed as Governor of the Central Bank. Saeed is replacing Mubarak Rashid al-Mansouri who has been at the helm of the...
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