29th November, 2021
The Qatar Investment Authority (QIA) is looking to deepen its exposure to British infrastructure and is touted as one of the potential buyers for US$7 billion worth of British electricity and natural gas transmission networks.
Subscriber Post
2nd November, 2021
Investments in Renewable Energy are still inadequate and minuscule compared to the firepower of State-Owned Investors: SWFs have invested US$ 35.3 billion in 105 deals, and PPFs have deployed US$ 40.6 billion in 94 transactions. The efforts are bigger, in relative terms, in those organizations with dedicated programs, e.g. Mubadala’s Masdar, or PensionDanmark’s CIP.
Subscriber Post
1st November, 2021
PensionDanmark is one of Denmark’s largest labor market pension funds, with US$ 49.9 billion in assets as of June 30, 2021. It is also known as one of the world’s greenest investors, with US$ 3.7 billion invested and/or committed to unlisted renewable energy, and for having co-founded of the UN-convened Net-Zero Asset Owner Alliance (NZAOA). We had the immense pleasure of chatting with its CEO, Mr. Torben Möger Pedersen, who has led the fund since its establishment in 1993.
Subscriber Post
26th October, 2021
With days to go before the COP26 summit on climate change in Scotland, several state-owned investors have pledged commitments to decarbonise their portfolios with stronger sustainability policies and divestment from fossil fuels.
Subscriber Post
14th October, 2021
Paris-alignment is a hot topic ahead of the 2021 United Nations Climate Change Conference (COP26), which starts in little over two weeks, but sovereign wealth funds have failed to commit to the firm targets and assessments of the UN’s Net Zero Asset Owners Alliance (NZAOA) and the risk of "greenwashing" persists.
Subscriber Post
13th October, 2021
Dutch public pension fund manager APG has thrown its weight behind the EU’s first green bond issue, purchasing EUR195 million of the debut issue.
Subscriber Post
12th October, 2021
Norway’s outgoing centre-right government has proposed slashing withdrawals from the country’s US$1.4 trillion Government Pension Global Fund (GPFG) by more than 20% to NOK322.4 billion (US$37.7 billion) in 2022 – but it would still represent the third largest annual withdrawal in the fund’s 31 year history.
Subscriber Post
6th October, 2021
Concern over climate change continues to prompt state-owned investors to declare their commitment to fighting greenhouse gas emissions with One Planet Sovereign Wealth Funds (OPSWF) signing up four new SWF members this week. Yet, the lack of standardization of greenhouse gas auditing and reviews of progress towards targets makes judging OPSWF's real world impact difficult to measure.
Subscriber Post
29th September, 2021
Canadian public pension funds have been among the leaders in seeking to decarbonize their portfolio and Canada’s second biggest fund - Caisse de depot et placement du Quebec (CDPQ) - is taking it a step further by pledging to divest C$3.9 billion (US$3.1 billion) of oil assets by end-2022.
Subscriber Post
21st September, 2021
While sovereign wealth funds are poised to invest more funds in green bonds to extend their ESG credentials in fixed income, Saudi Arabia’s Public Investment Fund's portfolio companies are issuing their own green bonds to support the fund's domestic economic development plans.
Subscriber Post
17th September, 2021
Abu Dhabi sovereign wealth fund is scaling up its plans under the UAE-UK Sovereign Investment Partnership (UAE-UK SIP) with the GBP5 billion (US$7 billion) investment framework agreed in March boosted to GBP10 billion (US$14 billion) over the next five years under a deal signed this week in Downing Street.
Subscriber Post
24th August, 2021
Saudi Arabia is determined to leverage its oil wealth to finance its transition to sustainable energy with its Public Investment Fund backing investment in solar energy.
Subscriber Post