SWF-Edge 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 for subscribers (which are permanently maintained).

Sovereign Wealth Fund News
Temasek to Freeze Pay, Cut Bonuses for a Year, Amid Virus   
February 25, 2020 Associated Profiles : Temasek Holdings
Source: Bloomberg - Temasek Holdings Pte, Singapore’s state-owned investment firm, is implementing a company-wide wage freeze for an as yet undetermined period and asking senior management to take voluntary pay reductions for up to a year amid...
[more] 
Caisse de depot et placement du Quebec -- Moody's affirms ratings of Canadian public pension managers and assigns baseline credit assessments   
February 25, 2020 Associated Profiles : Caisse de dépôt et placement du Québec
Source: Business Insider - SEE ALSO: Trump lashes out at the Fed, says it's the 'only problem our economy has' » SHARE THIS POST your MARKET VIEW Your Personalized Market Center Find News News
[more] 
Omantel to install thousands of 5G sites in Oman by 2024   
February 25, 2020 Associated Profiles : Kuwait Investment Authority
Source: The National Blogs - It is the company’s second-largest shareholder after the Kuwait Investment Authority sovereign fund. Vodafone, which joined forces with Oman Future Telecommunications last year, is expected to start its operations in Oman...
[more] 
Adani Transmission announces completion of Qatar Investment Authority investment in Adani Electricity Mumbai Limited   
February 25, 2020 Associated Profiles : Qatar Investment Authority
Source: Equity Bulls - Adani Transmission Limited (ATL) today announced that Qatar Investment Authority (QIA) has completed acquisition of 25.10% stake in Adani Electricity Mumbai Limited (AEML) from ATL along with an investment in shareholder...
[more] 
Facing Thailand’s age-old problem   
February 25, 2020 Associated Profiles : Government Pension Fund (Thailand)
Source: asianinvestor.net - Thailand is sitting on a demographic timebomb. One that has yet to be defused or be treated seriously. It is the second-fastest-aging country in Southeast... Access to our e-magazine, a full replica of the magazine archived back...
[more] 
Judge recuses herself from Riza Aziz’s 1MDB money-laundering trial   
February 25, 2020 Associated Profiles : Aabar Investments PJSC
Source: MSN - KUALA LUMPUR (Feb 25): The RM1.18 billion money laundering trial involving Datuk Seri Najib Razak's step-son Riza Shahriz Aziz will get a new judge to hear the case. This follows the Sessions judge presiding the case Rozina Ayob...
[more] 
AzerGold CJSC greatly increases tax payments to Azerbaijani budget   
February 25, 2020 Associated Profiles : State Oil Fund of Azerbaijan (SOFAZ)
Source: Trend News Agency - In addition, in order to organize the export of extracted precious metals to global markets, as well as form Azerbaijan’s gold reserves at the expense of Azerbaijani gold, the State Oil Fund of ...
[more] 
K-pop sensation BTS' label picks JPMorgan, others for IPO: Reports   
February 25, 2020 Associated Profiles : Korean Investment Corporation (KIC)
Source: Channel NewsAsia Singapore - SEOUL: Big Hit Entertainment, the music label of South Korean boy band BTS, has chosen JPMorgan, NH Investment and Securities and others to handle its initial public offering (IPO), according to media reports. The IPO could be...
[more] 
COVID-19: Temasek to freeze wages, Singapore Airlines to suspend hiring   
February 25, 2020 Associated Profiles : Temasek Holdings
Source: YAHOO! - SINGAPORE — State investor Temasek Holdings and Singapore Airlines are taking steps to reduce costs as the operating environment becomes more challenging amid the COVID-19 coronavirus outbreak. Temasek will freeze all...
[more] 
Big Hit Entertainment Reportedly Secures Underwriters For IPO   
February 25, 2020 Associated Profiles : Korean Investment Corporation (KIC)
Source: Soompi - According to reports, Big Hit Entertainment is gearing up to become a public company. Last month, it was reported that Big Hit Entertainment sent an RFP (request for proposal) to stock firms to underwrite the company’s IPO...
[more] 
Centurium Capital and Certain Other Investors File a Transaction Statement on Schedule 13E-3 with the U. S. Securities and Exchange Commission   
February 25, 2020 Associated Profiles : Temasek Holdings
Source: PR Newswire - /PRNewswire/ -- Centurium Capital, a leading private equity firm in China, today announced that several of its affiliate entities, namely Beachhead
[more] 
Banned opposition party says Thai junta helped Malaysian 1MDB cover-up   
February 24, 2020 Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority)
Source: Sydney Morning Herald - Low has been charged in Malaysia and the United States over the alleged theft of $US4.5 billion ($6.8 billion) from 1Malaysia Development Berhad (1MDB), set up by former Malaysian prime minister Najib Razak with the help of Low,...
[more] 
Goldman Sachs pleads not guilty to charges over 1MDB bond sale amounting RM27.2b   
February 24, 2020 Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority)
Source: The Sun - KUALA LUMPUR: UK-based Goldman Sachs International Ltd and its Asian entities, Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore), pleaded not guilty at the High Court here today to charges on the sale of 1Malaysia...
[more] 
Guideline issued to further Yangtze River Delta development   
February 24, 2020 Associated Profiles : State Administration of Foreign Exchange (SAFE) Investment Company (China)
Source: China Internet Information Center - The guideline, consisting of 30 measures, was jointly issued by the People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign...
[more] 
SRC Trial: Najib's defence confirms Aussie handwriting expert no-go, court dismisses Najib's bid to compel witness into interview   
February 24, 2020 Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority)
Source: MSN - He was formerly an investigating officer in the 1Malaysia Development Berhad (1MDB) probe. Earlier today, Muhammad Shafee reiterated the importance and necessity of Mohd Nasharudin, stating that the defence has throughout the...
[more] 
Coronavirus epidemic impact will be temporary, limited: China's forex regulator   
February 24, 2020 Associated Profiles : State Administration of Foreign Exchange (SAFE) Investment Company (China)
Source: ECNS - Citing China's strong economic resilience and ample room for policy maneuver, Wang Chunying, a spokesperson of the State Administration of Foreign Exchange, said the country's economic fundamentals for long-term sound growth and...
[more] 
India Ratings for Indian debt instruments – Feb 24   
February 24, 2020 Associated Profiles : Caisse de dépôt et placement du Québec
Source: Reuters - (This announcement rectifies the version published on 25 November 2019 to correctly state the Issuer Default Ratings for CLP Holdings and Caisse de depot et placement du Quebec given by Fitch Ratings Ltd.) Spartan Engineering...
[more] 
Saudi and Egyptian firms sign $450mln hotel deal   
February 24, 2020 Associated Profiles : Sanabil al-Saudia - (Has been known as Public Investment Fund), Hassana Investment Company
Source: Zawya - ... in investments from the Saudi government through the public investment fund. According to the vice-chairman of the Saudi-Egyptian Business Council, Abdullah bin Mahfouz, the top sectors for Saudi investments are ...
[more] 
Telecom Axiata Seeks Partnership For Malaysian Digital Banking License   
February 24, 2020 Associated Profiles : Khazanah Nasional Berhad – Malaysia
Source: pymnts.com - Bloomberg recently reported that Axiata’s top shareholder, Khazanah Nasional Berhad, was in talks with Telenor just months after the carriers decided not to complete a merger of Asia operations. Robi, a separate part of...
[more] 
Prosecution hands over MACC audio clips on 1MDB, SRC dealings   
February 24, 2020 Associated Profiles : International Petroleum Investment Company (IPIC)
Source: Free Malaysia Today - Others included UAE president Khalifa bin Zayed Al Nahyan, International Petroleum Investment Company chairman Sheikh Mansour bin Zayed al Nahyan and Mubadala Development Company CEO Khaldoon Al-Mubarak. Najib’s stepson...
[more] 
Coronavirus research must focus on more than just a vaccine   
February 24, 2020 Associated Profiles : Future Fund (Australia)
Source: Sydney Morning Herald - The coronavirus emergency threatens our health and our economy. We need to quickly harness Australian research capabilities to find solutions. While the government's decision this week to direct $2 million from its Medical...
[more] 
Mahathir Mohamad, Malaysia’s Prime Minister, Submits Resignation Letter   
February 24, 2020 Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority)
Source: New York Times - The move appears to be an attempt to suddenly remake a government — possibly with Mr. Mahathir, 94, still at the helm.
[more] 
Investors relish opportunities EU ‘Green Deal' will kickstart   
February 24, 2020 Associated Profiles : Stichting Pensioenfonds ABP
Source: Pensions&Investments - "We want to invest in green financing," added Diane Griffioen, head of investments at Stichting Pensioenfonds ABP, Heerlen, Netherlands, who is based in Utrecht, Netherlands, in a telephone interview. For example, by 2025, the...
[more] 
UPDATE 2-Kone out as Thyssenkrupp shortlists private equity for elevator division   
February 24, 2020 Associated Profiles : Canadian Pension Plan (SPF)
Source: CNBC - The cash-strapped conglomerate said it would focus on negotiations with two private equity consortia: one consisting of Blackstone, Carlyle and the Canadian Pension Plan Investment Board and one ...
[more] 
Hurry up! Pressure on RBA over digital currencies   
February 24, 2020 Associated Profiles : Hong Kong (China) Monetary Authority -- Investment Portfolio
Source: The Australian Financial Review - MAS has engaged more than 40 financial and non-financial firms to explore the potential benefits of the network. Last month, the Hong Kong Monetary Authority provided detail on work it is conducting with the Bank of Thailand on a...
[more] 
Alan Gourgey QC   
February 24, 2020 Associated Profiles : Libyan Investment Authority
Source: The Lawyer - During summer 2019, silk Alan Gourgey QC helped ensure that the Libyan Investment Authority’s $200m fraud claim against JPMorgan was knocked out (Libyan Investment Authority v JP Morgan). Oil wealth fund LIA had brought a...
[more] 
Mubadala, Russia's RDIF exit from rural broadband rollout programme   
February 24, 2020 Associated Profiles : National Wealth Fund
Source: Arabian Business - “Funds, attracted from foreign investors and the National Wealth Fund (NWF) to finance the project, made it possible to accelerate the process of connecting small towns to the internet,” he added. According to the...
[more] 
Employee share schemes get tax review   
February 24, 2020 Associated Profiles : Future Fund (Australia)
Source: The Australian Financial Review - The government's Financial System Inquiry, led by former Commonwealth Bank of Australia and Future Fund chief turned AMP chairman David Murray, in 2014 recommended to "reduce disclosure requirements for large listed corporates...
[more] 
Newly-banned Thai opposition party says military government helped 1MDB cover-up   
February 23, 2020 Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority)
Source: Channel NewsAsia Singapore - Low has been charged in Malaysia and the United States over the alleged theft of US$4.5 billion from 1Malaysia Development Berhad (1MDB), set up by former Malaysian Prime Minister Najib Razak with the help of Low, to promote...
[more] 
Newly-banned Thai opposition party says junta helped 1MDB cover-up   
February 23, 2020 Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority)
Source: Reuters - A banned Thai opposition party on Sunday accused the former military junta of helping cover up Malaysia’s multi-billion-dollar 1MDB scandal, urging Thais to demand the truth ahead of a censure debate against Prime Minister...
[more] 
We transferred $250m to NSIA, FG explains ECA balance drop   
February 23, 2020 Associated Profiles : Excess Crude Account (Nigeria)
Source: TheCable - The balance of the excess crude account dropped significantly because the federal executive council approved the transfer of $250 million to the Nigeria Sovereign Investment Authority (NSIA). This is according to a statement...
[more] 
It's false to accuse Guan Eng of destroying Tabung Haji   
February 23, 2020 Associated Profiles : Khazanah Nasional Berhad – Malaysia
Source: Malaysiakini - MOHD SHERIFF MOHD KASSIM is a former managing director of Khazanah Nasional Berhad and former chief secretary of the Finance Ministry. The views expressed here are those of the author/contributor and do not necessarily represent...
[more] 
NAJIB, ROSMAH, DAUGHTER SPEND MORE THAN THREE HOURS TO INSPECT SEIZED ITEMS AT BANK NEGARA   
February 23, 2020 Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority)
Source: YAHOO! - KUALA LUMPUR, Feb 22 (Bernama) -- Former Prime Minister Datuk Seri Najib Tun Razak, his wife Datin Seri Rosmah Mansor and their daughter, Nooryana Najwa, were at Bank Negara today to physically inspect items linked to the...
[more] 
UPDATE 2-Russia to use 'rainy day fund' to buy cbank's stake in Sberbank   
February 23, 2020 Associated Profiles : National Wealth Fund
Source: Reuters - MOSCOW, Feb 11 (Reuters) - Russia will tap its National Wealth Fund (NWF) to buy the central bank’s stake in Sberbank , ending years of debate about potential conflicts of interest arising from ...
[more] 
FG: No Deal to Pay Bagudu $100m from Abacha Loot   
February 23, 2020 Associated Profiles : Excess Crude Account (Nigeria)
Source: This Day - we learnt that the Excess Crude Account (ECA), which used to be in billions of dollars, is now down to $70m”. SMBLF criticised the federal government for its rising external debt profile, saying, “The administration...
[more] 
UAE construction firms look before leaping into LIBYA   
February 23, 2020 Associated Profiles : Libyan Investment Authority
Source: Al Bawaba News - Now an investor can directly approach the Libyan Investment Authority (LIA) with a feasibility study for a project and, if approved, the LIA will privatise or rent out land in specific zones ...
[more] 
Malaysia’s Axiata Group, a Major Telecommunications Company, Might Acquire Digital Banking License   
February 23, 2020 Associated Profiles : Khazanah Nasional Berhad – Malaysia
Source: Crowdfund Insider - Axiata’s primary shareholder, Khazanah Nasional Berhad, has reportedly been holding discussions with Telenor, which comes only months after the carriers said they would not move forward with a planned merger of Asia-based...
[more] 
Abacha loot: FG won’t pay $100m to Bagudu, says Malami   
February 23, 2020 Associated Profiles : Excess Crude Account (Nigeria)
Source: The Nation Newspaper - “Only 48 hours back we learnt that the Excess Crude Account (ECA) which used to be in billions of dollars is now down to $70m. “The administration has plunged Nigeria to un-payable debt borrowing in 3 years more than...
[more] 
Housing minister receives investigation report on Mutlaa City project accident   
February 23, 2020 Associated Profiles : Kuwait Investment Authority
Source: Kuwait Times - Speaking to reporters during a ceremony to inaugurate a smart home project in Jaber Al-Ahmad City which was developed by National Technology Enterprises Company – a subsidiary of Kuwait Investment Authority – in...
[more] 
Goldman court victory over $60bn Gaddafi fund   
February 23, 2020 Associated Profiles : Libyan Investment Authority
Source: The Times - The High Court yesterday found in favour of Goldman Sachs and said that the Libyan Investment Authority had known exactly what it was doing when it entered into options trades with the Wall Street ...
[more] 
Najib makes a trip to the vault   
February 23, 2020 Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority)
Source: MSN - KUALA LUMPUR: Former prime minister Datuk Seri Najib Tun Razak, his wife and daughter spent over three hours inspecting their seized belongings kept in the vault at Bank Negara here. Najib and his wife,
[more] 
Saudi PIF and Grifols sign plasma-supply agreement   
February 23, 2020 Associated Profiles : Sanabil al-Saudia - (Has been known as Public Investment Fund), Hassana Investment Company
Source: Arabian Business - Global healthcare firm Grifols has executed a non-binding term sheet with Saudi Arabia’s Public Investment Fund (PIF) in order to boost the self-supply of plasma medicines in the region, it was announced on Tuesday. Through...
[more] 
Credit profiles of Kuwaiti banks to remain stable in 2020   
February 23, 2020 Associated Profiles : Kuwait Investment Authority
Source: Zawya - The Kuwaiti government, which transfers 10 percent of its annual revenue to the Future Generations Fund managed by Kuwait Investment Authority (KIA), has accumulated substantial external assets by consistently saving past oil...
[more] 
Future Forward says Prayut helped 1MDB cover-up   
February 23, 2020 Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority)
Source: Bangkok Post - Low has been charged in Malaysia and the United States over the alleged theft of $4.5 billion from 1Malaysia Development Berhad (1MDB), set up by former Malaysian Prime Minister Najib Razak with the help of Low, to promote...
[more] 
Press & Links   
February 23, 2020 Associated Profiles : Korean Investment Corporation (KIC)
Source: CNBC - Get this delivered to your inbox, and more info about our products and services.
[more] 
Lime conflict deepens among brokerages   
February 23, 2020 Associated Profiles : Korean Investment Corporation (KIC)
Source: koreatimes.co.kr - Conflict is escalating among Korea's four brokerages over their varying interests and roles played in the ongoing Lime fiasco, a mismanaged hedge fund that incurred for many people a substantial ? or entire in worst cases ? loss...
[more] 
Why Are Bloom’s Fuel Cells Winning at Data Centers and ‘Mission-Critical’ Sites'   
February 23, 2020 Associated Profiles : New Zealand Superannuation Fund
Source: Greentech Media - Policy & regulation are aligning with renewables cost declines to make projects more profitable and portfolios more sustainable. The Grid Edge comprises technologies, solutions and business models ...
[more] 
Bill Maher and guest slam George Clooney over call for Beverly Hills Hotel boycott: 'It's chickensh-- tokenism'   
February 23, 2020 Associated Profiles : Brunei Investment Agency
Source: Fox News - The Beverly Hills Hotel and the Hotel Bel-Air are part of the Dorchester Collection, owned by a wing of the Brunei government referred to as the Brunei Investment Agency. They owned nine high-end ...
[more] 
Najib and family at Bank Negara to inspect items seized by MACC   
February 22, 2020 Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority)
Source: The Star - The trio arrived at around 9.15am to inspect items, which were kept in a vault at the central bank, that were allegedly linked to 1Malaysia Development Berhad (1MDB) funds. Najib arrived in his black Proton Perdana and was seen...
[more] 
Saudi Aramco to win unconditional EU clearance for $69B Sabic deal   
February 22, 2020 Associated Profiles : Sanabil al-Saudia - (Has been known as Public Investment Fund), Hassana Investment Company
Source: Khaleej Times - World No. 1 oil producer Saudi Aramco is set to gain unconditional EU antitrust approval for its ... Aramco announced the deal to acquire the controlling stake from sovereign investor Public Investment Fund (PIF) in March last...
[more] 
Displaying results 101 to 150 out of 70271
 

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.