Sovereign wealth funds

Canada to set up sovereign wealth fund with initial funding of C$25 billion

[OTTAWA] Canada will set up a sovereign wealth fund with an initial endowment of C$25 billion (S$23.3 billion) to invest in major domestic projects, Prime Minister Mark Carney told reporters on Monday...

There has been a mass scramble on Wall Street to profess confidence that the war has changed nothing on the financing front, says the writer.
THE BOTTOM LINE

How the Iran war could hurt Wall Street

The big unknown is how the conflict could alter the Gulf’s investment priorities in the next year or two

Senior executives of the participating institutions at the signing ceremony include Eddy Porwanto, acting CEO of INA (sixth from left), Zhang Qingsong, chairman and CEO of CIC (seventh from left), Israfil Mammadov, CEO of State Oil Fund of the Republic of Azerbaijan (eighth from left) and Wu Peng, chairman of CGS International Securities (extreme right).

Three sovereign wealth funds anchor new China-Asean investment platform; US$520 million secured in first close

There are plans to expand the programme to US$1 billion as it targets opportunities emerging from deeper ties between China, S-E Asia

Maharlika CEO and president Rafael Consing Jr says the strategy is to invest in projects that can “catalyse growth”, particularly because of the smaller amount of capital the fund has.

Philippine sovereign wealth fund targeting investments this year despite Middle East conflict, economic languor

Maharlika looking at projects that build national resilience, says CEO Rafael Consing Jr

“We will continue to invest in the Middle East, especially in Mecca – because really, it’s amazing they’ve opened up Saudi for us to invest in,” chief investment officer of Danantara Pandu Sjahrir said.

Danantara to step up Middle East, energy security investments

The year-old fund intends to deploy some US$14 billion in 2026 across various asset classes

Danantara planned to combine the asset management firms it owns, aiming to build a larger player to compete locally and across the region.

Danantara advances asset manager merger with 2.7 trillion rupiah deal

Indonesia’s sovereign wealth fund seeks to create ‘a champion with strong competitiveness’

The US and China have seesawed between decoupling and an economic thaw, and the eventual outcome of that could have a lasting impact on global markets.

China’s US$1.6 trillion fund rekindles ties with US money managers

As tensions between the superpowers thaw, China Investment Corporation has held talks in recent weeks with firms

MiniMax was among the first post-ChatGPT generative AI firms to go public in January, contributing to a strong month for listings in Hong Kong.

Middle East funds ride China AI euphoria to world-beating IPO gains

Even amid the recent conflict, funds have continued to pursue global deals

A top priority for the consortium are investments that focus on preserving access to energy and rare earths for the US and its allies.

US to put US$250 million toward supply chain investment fund

Investment consortium would include SoftBank, Temasek and Mubadala