Connect with us

Top 10 Sovereign Wealth Fund Game-Changers of 2014

top 10 gamechangers

Smart beta, healthcare investing, private equity, institutional real estate and multi-asset strategies were some popular themes for institutional investors in 2014. Highlighting the importance of sovereign investors, sovereign wealth funds surpassed US$ 7 trillion in assets, being a bigger investor market, in terms of asset under management, compared to U.S. defined-benefit plans. Year over year, more sovereign wealth funds are engaging in direct transactions and participating in co-investments with private equity funds, pensions and specialist investors. According to SWFI’s proprietary Sovereign Wealth Fund Transaction Database, funds like Singapore’s GIC Private Limited and Qatar Investment Authority (QIA) have contributed to boosting direct deals in the world of SWFs. Our staff has formed a list of the top ten game-changers that will set the pace for sovereign wealth funds in 2015.

10.) Real Estate Investment in Asian Emerging Markets
With greater frequency, sovereign wealth funds have been allocating toward real estate in emerging markets in Asian countries such as India, Indonesia and Malaysia. Even massive Canadian pension giants like CPPIB have been investing in Indian real estate. In February, CPPIB Credit Investments Inc., a subsidiary of CPPIB, and Piramal Enterprises Limited agreed to a deal for providing rupee debt financing to residential developments across India’s urban corridors. In November, GIC Private Limited entered into a deal with Rajawli Group, an Indonesian developer, to jointly invest up to US$ 500 million in equity toward Indonesian property projects.

9.) More Sovereign Wealth Funds Embracing Smart Beta
A number of sophisticated institutional investors like Norway’s sovereign wealth fund are alienating traditional fund managers for specialist funds and strategies. Globally, more sovereign wealth funds are taking a greater look at smart beta or factor-based strategies. In September, New Mexico State Investment Council (NMSIC) embarked on a search for one or more smart beta managers to manage US$ 1 billion. Learn more about our smart beta study: here

8.) Ground Game in America
A number of sovereign funds dialed back investments in emerging markets such as Mubadala Development Co. Deal data from SWFI’s Sovereign Wealth Fund Transaction Database astutely pointed out that America was in vogue financially speaking in 2014. With more investment activity in the U.S., sovereign wealth funds have begun augmenting staff, forging alliances and hiring advisors. In June, Temasek Holdings opened a New York office to complement offices in Mexico City and São Paulo. Norway’s sovereign wealth fund hired more people in New York, adding to its real estate capabilities.

7.) Sovereign Wealth Centers on Successful Startups
Sovereign wealth funds are investing in some of the most popular late-stage startups covered by trend technology blogs such as TechCrunch, PandoDaily and Re/code. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Riksbank Appoints Permanent Head of Financial Stability

Sveriges Riksbank has appointed Olof Sandstedt to lead its financial stability department on a permanent basis, effective November 14, 2017. Sandstedt has been the department’s acting head since June 7, 2017 when he took over for Kasper Roszbach, who departed Riksbank to take up a new position at Norges Bank as director of its research division.

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Mubadala Inches Closer to Invepar Ownership

Since the beginning of the year, Abu Dhabi-based Mubadala Investment Company has been looking at owning the distressed Brazilian infrastructure company Invepar SA for quite some time. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

KDC’s Latest Acquisition a Breath of Fresh Air

Knowlton Development Corporation (KDC) has made its latest acquisition with the purchase of Aromair Fine Fragrance Company Inc., a U.S. subsidiary of Aromair Group that specializes in air care products, from London-based Strategic Value Partners. The terms of the transaction, which was completed on November 8, were not disclosed. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading


© 2008-2017 Sovereign Wealth Fund Institute. All Rights Reserved. Sovereign Wealth Fund Institute ® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. No affiliation or endorsement, express or implied, is provided by their use. All material subject to strictly enforced copyright laws. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. SWFI is a minority-owned organization.