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The PIF, as the fund is known, has spent much of the year hunting for new sources of cash as it looks to push ahead with a massive investment plan intended to help diversify the Saudi economy
Jain Global will start trading July 1, according to people familiar with the matter. Investors include endowments, foundations, family offices, bank wealth platforms and sovereign wealth funds
Trade between India and the UAE totalled $85 billion for the financial year ending March 2023, according to Indian government data
Singaporean sovereign wealth GIC on Tuesday bought units in Data Infrastructure Trust for Rs 933 crore through an open market transaction. GIC through its wholly-owned subsidiary Anahera Investments Pte purchased 6.06 crore units of Data Infrastructure Trust (DIT) on the BSE. Data Infrastructure Trust (DIT) is a Sebi-registered Infrastructure Investment Trust (InvIT) that provides passive telecom infrastructure services. According to the bulk deal data available with the BSE, Anahera Investments Pte Ltd acquired 6,06,00,000 units, amounting to a 2.33 per cent of total units in DIT. The units were picked at an average price of Rs 153.95 apiece, taking the transaction value to Rs 932.94 crore. Meanwhile, private sector lender Axis Bank sold the same number of units at the same price. The unit of Data Infrastructure Trust gained 0.69 per cent to close at Rs 153.95 apiece on the BSE.
Overall, sovereign wealth funds controlled by the hydrocarbon-rich governments of Abu Dhabi, Saudi Arabia and Qatar took five spots on a list of the top 10 most active funds last year
Almost 40% of investors chose India as the most attractive emerging market, while less than a quarter selected China in a survey
RIL retail arm in talks with global investors to raise $2.5-3 billion
Middle Eastern and Chinese sovereign wealth funds are likely to avoid new deals in Russia for now after its invasion of Ukraine, says researcher
There's correlation between oil prices and sovereign fund flows, but experts say lot depends on trade balance
KIA, the world's oldest sovereign wealth fund whose roots predate the birth of the modern state of Kuwait, doesn't officially disclose the value of its assets.
Disagreements hold up approval of new term for nine-member board
Norges Bank Investment Management (NBIM), which manages the world's largest sovereign wealth fund, held a 1.29% stake in Kirin Holdings at the end of 2020
Without borrowing, govt out of options to cover deficit
It is the first foreign SWF to get 100 per cent tax exemption in the case of income from interest, dividend, and long-term capital gains for its investment in infrastructure
The fund invests in some 9,200 companies worldwide, owning 1.5% of all listed stocks. It also invests in bonds and real estate
The unprecedented withdrawal, revealed in Norway's Revised Budget for 2020, is more than four times the previous record set in 2016
The oil-rich country operates the world's largest SWF, with assets of nearly $1 trillion
The Life Insurance Corporation differs from its listed peers in a number of ways, and these should be factored into its valuation prior to its proposed initial public offering
The fund has added two new names - Adani Ports & Special Economic Zone and Britannia Industries - show the fund's latest disclosures
The value of investments has fallen to Rs 1.63 trillion in October this year after peaking at Rs 2.65 trillion in August 2016