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

SEC, SASB, GRI, IIRC, FSB-TCFD

Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access'   
January 16, 2019
Source: pymnts - The mayor will visit Kuwait City, Abu Dhabi and Dubai, aiming to strengthen trade and investment ties. He will meet with investors including the Kuwait Investment Authority and the Abu Dhabi Council. The UAE and Kuwait are...
[more] 
Gov’t boosts finance industry   
January 16, 2019
Source: ??????? - The Financial Services & the Treasury Bureau is working closely with the Hong Kong Monetary Authority and the Securities & Futures Commission on this proposal. Our objective is to have a regime catering for the needs of...
[more] 
Kazakh tenge continues falling against US dollar   
January 16, 2019
Source: Trend - The weighted average US dollar rate in the morning session of the Kazakhstan Stock Exchange (KASE) on Jan. 10 amounted to 374.5 tenge, Trend reports citing the Kazakh media. Thus, the national currency of Kazakhstan has...
[more] 
Future Fund super proposal not govt policy   
January 16, 2019
Source: Yahoo7 Finance - His comment comes after Jobs Minister Kelly O’Dwyer told The Australian Financial Review she would support such a fund, managed by the government’s $150 billion Future Fund, being offered to everyone. “I’m...
[more] 
Hong Kong banks need to adopt this key hiring practice as virtual era dawns   
January 16, 2019
Source: South China Morning Post - The Hong Kong Monetary Authority is expected to issue the city’s first virtual bank license during the first quarter. As of August 31, the authority had received 29 applications to operate virtual banks – the ability...
[more] 
Saudi Arabia's Al-Falih says 12 renewable projects likely in 2019   
January 16, 2019
Source: Construction Week Online - As reported by SPA, the ministry and Saudi Arabia’s Public Investment Fund (PIF) are working together to attract international companies to the kingdom to "localise and manufacture renewable energy technologies to meet...
[more] 
Norwegian savings invested in the world's climate crisis   
January 16, 2019
Source: WWF Panda - The world’s largest sovereign wealth fund - the Norwegian Government Pension Fund Global (GPFG) - is invested in 147 of the world’s 200 companies holding the largest reserves in coal, oil and gas. The fund’s...
[more] 
Bukalapak confirms new funding round by Mirae Asset-Naver Asia Growth Fund   
January 16, 2019
Source: E27.co - The company has worked with four million small businesses in Indonesia. It has named EMTEK, Ant Financial, and GIC (Government of Singapore Investment Corporation) as its investors. In December last year, Bukalapak’s...
[more] 
3 Marks, 2 Robs, one Rich: Meet the 6 potential successors to replace Larry Fink as head of the world's largest asset manager   
January 16, 2019
Source: Business Insider - Before BlackRock, Wisemen was president and CEO of the $368 billion Canadian Pension Plan Investment Board since 2012, where he worked in investments since 2005. Previously, he worked at the Ontario Teachers' Pension Plan....
[more] 
SICO's Bahrain Liquidity Fund Ends 2018 with a Boost to Liquidity and Performance on the Bahrain Bourse   
January 16, 2019
Source: Zawya - BLF was initiated and co-seed by SICO and a group of prominent Bahrain-based financial institutions: BBK, Bahrain Mumtalakat Holding Company, Osool and NBB. The Fund seeks to enhance liquidity on the Bahrain Bourse by reducing...
[more] 
25 key UAE public and private entities committed for Abu Dhabi Sustainable Finance Declaration at Abu Dhabi Sustainability Week   
January 16, 2019
Source: Zawya - Abu Dhabi, UAE: In presence of H.H. Sheikh Hamed bin Zayed Al Nahyan, Chairman of Crown Prince Court and Managing Director of Abu Dhabi Investment Authority, the Abu Dhabi Sustainable Finance Declaration (the Declaration) was...
[more] 
Saudi Arabia sees domestic energy use falling, plans renewables push   
January 16, 2019
Source: Zawya - ABU DHABI- Saudi Arabia expects domestic energy consumption to fall ... The Energy Ministry would work with the kingdom's sovereign wealth fund, the Public Investment Fund (PIF), in its push to develop renewable power capacity,...
[more] 
Deal or no deal - what does Brexit mean for pensions'   
January 16, 2019
Source: Lexology - In December 2018, the Pension Protection Fund's Purple Book stated that the aggregate funding level of all DB schemes had hit a record high of 95.7%. What will the impact of Brexit be on scheme funding' The immediate impact of...
[more] 
Shell mulls joint swoop for Scottish windfarm owner   
January 16, 2019
Source: Energy Voice - Shell and Dutch pension fund PGGM revealed they are looking to explore the opportunity to participate in a “controlled auction” for renewable developer Eneco. The firm owns five Scottish wind projects, including a...
[more] 
Malaysian finance minister hopes for ‘boring democracy’ with no financial scandals   
January 15, 2019
Source: Channel NewsAsia Singapore - KUALA LUMPUR: Finance Minister Lim Guan Eng said he hopes Malaysia can be a “normal, boring democracy”, without the financial scandals associated with state investment fund 1Malaysia Development Berhad (1MDB). In a...
[more] 
Shell and pension fund PGGM to bid for last Dutch public energy firm   
January 15, 2019
Source: DutchNews.NL - Oil giant Shell and Dutch health service pension fund PGGM are working on a joint bid for energy provider Eneco, the AD said on Monday afternoon. Both companies have pledged to retain Eneco’s green reputation and to broaden...
[more] 
Shell, Dutch Pension Fund to Explore Potential Joint Bid for Eneco   
January 15, 2019
Source: Nasdaq - Royal Dutch Shell (RDS.A, RDS.B), together with PGGM, a Dutch pension fund manager are exploring a joint bid for Dutch energy company Eneco, the companies said in a statement on Monday. Analysts are reportedly estimating Eneco to...
[more] 
1MDB: A Guilty Plea and Two Indictments   
January 15, 2019
Source: JD Supra - November saw several new and significant developments in the long-running 1Malaysia Development Berhad (1MDB) scandal as the US Department of Justice (DOJ) announced one guilty plea, one arrest and one indictment. The guilty plea...
[more] 
Shell, PGGM ponder Eneco play   
January 15, 2019
Source: reNEWS - Oil major Shell and Dutch pension fund PGGM are considering the joint acquisition of Netherlands-based energy company Eneco. The duo said they have “joined forces to explore the opportunity to participate in the controlled...
[more] 
A year on from Carillion: 12 months that brought outsourcing to its knees   
January 15, 2019
Source: City A.M. - Pensions liabilities totalled £2.6bn, forcing the Pension Protection Fund to take its largest ever hit. Meanwhile, it emerges Carillion owed £2bn to 30,000 suppliers, subcontractors and other short term creditors when...
[more] 
Tata Power says Resurgent has undergone internal restructuring   
January 15, 2019
Source: India Infoline - The balance 74% of Resurgent Power is held by ICICI Bank, Power Platform Limited and Kuwait Investment Authority. Resurgent Power has recently signed a Share Purchase Agreement for acquiring 75.01% shares in Prayagraj Power...
[more] 
Saudi Arabia Plans to Generate 60GW of Renewable Energy by 2030   
January 15, 2019
Source: ????? ?????? - According to the proposed plan and renewable energy targets in Saudi Arabia, the Ministry of Energy and the Public Investment Fund (PIF) work together to localize renewable energy industry through priorities that include setting...
[more] 
Ascent Starts Myanmar Private Equity Firm Backed by Temasek, ADB   
January 15, 2019
Source: Bloomberg L.P. - Singapore’s Ascent Capital Partners Pte has launched a Myanmar-focused private equity fund backed by Temasek Holdings Pte and the Asian Development Bank. Ascent Myanmar Growth Fund I has raised more than $50 million and is...
[more] 
Shell and Dutch pension fund eye Eneco bid   
January 15, 2019
Source: Financial Times - Energy major Royal Dutch Shell and Dutch pension fund manager PGGM are weighing up a joint bid for Eneco, one of the largest suppliers of natural gas and electricity in the Netherlands. Eneco’s 53 municipal shareholders...
[more] 
China doubles QFII quota to $300 billion   
January 15, 2019
Source: China Daily Europe - The move aims to meet demand from overseas investors to expand investment in China's capital market, the State Administration of Foreign Exchange said in a statement. The QFII program is the earliest and most important...
[more] 
Shell Joins Dutch Pension Fund to Bid for Eneco   
January 15, 2019
Source: oedigital.com - British-Dutch oil and gas company Royal Dutch Shell and Dutch pension fund manager PGGM are considering a joint bid for Dutch producer and supplier of natural gas Eneco, which is heavily invested in sustainable energy projects...
[more] 
Saudi Arabia Forges Ahead on Forming Entertainment Complex in Riyadh   
January 15, 2019
Source: Sovereign Wealth Fund Institute - The planned complex is 100,000 square meters, and will be developed by the Saudi Entertainment Ventures Company, which is a subsidiary of the kingdom’s sovereign wealth fund, the PIF, or Public Investment Fund. The Saudi ...
[more] 
$4.4 billion mutual trade between Kuwait, UK in 2018: London Mayor   
January 15, 2019
Source: Kuwait Times - “Kuwait Investment Authority (KIA) has been investing in the UK since 1952 and it is considered one of the oldest leading investment funds in the world,” said the Mayor during a meeting held ...
[more] 
What you need to know about the escalating conflict between Qantas Airways and Perth Airport   
January 15, 2019
Source: Motley Fool Australia - Perth Airport launched legal proceedings against Qantas in the West Australian Supreme court last month as it ... including a group of superannuation and investment funds like the Future Fund. The letter to the Productivity...
[more] 
QFII boost to spur further opening   
January 15, 2019
Source: ECNS - The quota will be doubled from the current level of $150 billion to $300 billion, the State Administration of Foreign Exchange, the nation's top currency regulator, said in a statement on Monday. As part of the earliest efforts...
[more] 
$4.4bln mutual trade between Kuwait, UK in 2018: London Mayor   
January 15, 2019
Source: Zawya - The amount of investments reached about GBP 3.5 billion, with in an increase of eight percent since 2017. “Kuwait Investment Authority (KIA) has been investing in the UK since 1952 and it is considered one of the oldest...
[more] 
Saudi Oil Minister: Aramco Set To Go Public In 2021   
January 15, 2019
Source: Crude Oil Prices - Saudi Aramco is on track to become a public ... ahead of the acquisition of Sabic shares from PIF [Public Investment Fund] and of course the IPO [which is] not too distant in the future.”
[more] 
Should China's central bank buy local equities'   
January 15, 2019
Source: Financial Times - For instance, the State Administration of Foreign Exchange controls roughly 3 per cent of the A-share market, per McCafferty. And further afield, there is precedence to do more so. The Japanese ...
[more] 
Shell and PGGM aim to bid for Dutch energy company Eneco: Reuters   
January 15, 2019
Source: PE Hub - We will not send you spam, and we don't share your email address with 3rd parties. Buyouts Insider/Argosy Group LLC produces several free newsletters that are sent directly to the email you provide at registration (namely, PE Hub...
[more] 
ACWA considers supporting solar panel manufacturing in Saudi   
January 15, 2019
Source: Yahoo Finance - Riyadh-based ACWA Power, partly owned by Saudi's Public Investment Fund (PIF), does not plan to become a manufacturer of solar panels, but is "open to the idea of supporting and enabling the right ...
[more] 
China doubles QFII quota to US$300B   
January 15, 2019
Source: China Internet Information Center - The move aims to meet demand from overseas investors to expand investment in China's capital market, the State Administration of Foreign Exchange (SAFE) said in a statement. The QFII program is the earliest and most important...
[more] 
A Hedge For Chaos: Invest In Gold   
January 15, 2019
Source: Seeking Alpha - The government of Russia even changed the policy of their National Wealth Fund in order to increase their gold holdings. If a conspiracy with the president did occur, both countries would be in a ...
[more] 
CapitaLand in $4.4B real estate deal with Temasek   
January 15, 2019
Source: Seeking Alpha - Temasek will get S$6B (US$4.4B)--half in cash ... core markets in Singapore and China residential, retail, and lodging holdings and brings it into the logistics and business park sector.
[more] 
QFII quota doubled ahead of index inclusions   
January 15, 2019
Source: GlobalCapital - China’s State Administration of Foreign Exchange expanded the total available quota for the Qualified Foreign Institutional Investor (QFII) scheme, one of the country’s longest-standing capital markets access...
[more] 
Kelly O'Dwyer lashes superannuation 'ticket clippers'   
January 15, 2019
Source: The Australian Financial Review - "Why is it that only public servants can access the fund management expertise of the $150 billion Future Fund' Why shouldn't every Australian have the same opportunity that's provided to public servants' Among the options being...
[more] 
Shell teams up with Dutch pension fund to bid for Eneco   
January 15, 2019
Source: Reuters - AMSTERDAM (Reuters) - Royal Dutch Shell and Dutch pension fund manager PGGM are considering a joint bid for Dutch energy company Eneco [ENECO.UL], which analysts estimate to be worth around 3 billion euros ($3.4 billion). The 53 ...
[more] 
Saudi's Riyad Bank picks Goldman Sachs to advise on talks with NCB   
January 15, 2019
Source: moneycontrol.com - Saudi Arabia's sovereign wealth fund, the Public Investment Fund, and the government are major shareholders in both banks. Riyad Bank did not immediately respond to a Reuters request for comment, while Goldman Sachs declined...
[more] 
Shell and PGGM aim to bid for Dutch energy company Eneco   
January 15, 2019
Source: Reuters - AMSTERDAM (Reuters) - Royal Dutch Shell and Dutch pension fund manager PGGM on Monday said they are investigating a joint offer for Dutch energy company Eneco [ENECO.UL]. The 53 municipalities that currently own Eneco, estimated...
[more] 
Don’t get caught out by a super sucker punch   
January 15, 2019
Source: Switzer Daily - The AFR recently told us that the “Government is actively considering allowing a federal institution such as the Future Fund to offer low-fee superannuation accounts in a potential major shake-up move to inject competition...
[more] 
Sadbhav Engineering climbs 2% as Macquarie sees a 71% upside in stock   
January 15, 2019
Source: moneycontrol.com - According to sources, the Canadian Pension Plan Investment Board (CPPIB) is among those locked in discussions with SEL," the report added. CPPIB declined to comment, saying they do not remark on market rumour or speculation while...
[more] 
International reserves of Kazakhstan in Dec 2018 grew by 0.97%   
January 15, 2019
Source: AKIpress.com - Assets of the National Fund of Kazakhstan reached $57.719 billion growing by 0.16%. Assets in currency reached $16.518 billion decreasing 0.45%, in gold -- increased by 6.17% to $14.391 billion.
[more] 
UK received more Chinese investment than any other country in the Western world last year despite sharp drop   
January 15, 2019
Source: City A.M. - The drop was largely due to the absence of the megadeals such as those seen in 2017, which included the $14bn purchase of the London-based warehouse company Logicor by the country’s sovereign wealth fund China Investment...
[more] 
A morning walk down Dalal Street | Inflation data, Q3 earnings, rupee, oil prices in focus   
January 15, 2019
Source: moneycontrol.com - Now the balance 74 percent of Resurgent Power is held by ICICI Bank, Power Platform Limited and Kuwait Investment Authority. Punj Lloyd: Pengeramg invoked $58 million performance bond for project. Company achieved 99 percent of...
[more] 
Financial regulators call for global collaboration to tackle 2019 challenges   
January 15, 2019
Source: Xinhua - HONG KONG, Jan. 14 (Xinhua) -- "Regulation and innovation should develop hand in hand," said a representative of Hong Kong Monetary Authority (HKMA) at the 12th Asian Financial Forum that opened here on Monday, calling for global...
[more] 
China to double foreign investor quota   
January 15, 2019
Source: ForexLive - The program is administered by State Administration of Foreign Exchange (SAFE) All the newly permitted foreign investors will be pleased to know how much the yuan has strengthened in the past couple of weeks Nothing suspicious...
[more] 
Displaying results 22501 to 22550 out of 22824
 

Governance & Accountability Institute is a monitoring, intelligence-gathering and knowledge management center operating at the intersection of powerful forces reshaping relationships between stockholders and stakeholders, and the public corporation. The key players transforming the markets and interacting with corporate management and boards include fund owners and asset managers and their third party advisors-in sovereign wealth funds,socially responsible investment organizations, activist hedge funds, public pension funds, labor union funds, private equity firms, investment banks...and more.

G&A identifies key players, monitors their activities, conducts research, charts the players's influence on capital markets and companies, and provides news and intelligence through G&As "SustainabilityHQTM" advisory services. SustainabilityHQTM resources at the intersections of powerful capital markets players--and the public and private companies they invest in.