wealth fund

Turkiye has transferred the shares of 12 companies held by its treasury, including three listed ones, to the Turkiye Wealth Fund, according to a presidential decree published in the country’s Official Gazette on Tuesday. Stock…
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Saudi Arabia’s Public Investment Fund witnessed a modest rise in its US stock investments, reaching $20.66 billion in the second quarter, up from $20.55 billion in the previous quarter. The wealth fund has undertaken a significant…
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Abu Dhabi’s wealth fund ADQ is set to acquire a minority stake in Sotheby’s, reflecting its commitment to enhancing its global presence in the arts and luxury sectors. According to a press release, the Abu Dhabi-based investment firm has…
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The Libyan Investment Authority is expecting UN sign-off by the end of the year to actively manage its $70 billion in assets for the first time in more than a decade, its chief executive told Reuters. The LIA, set up under Muammar…
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Middle Eastern sovereign investors are following their global counterparts by prioritizing India and other emerging markets amid concerns over geopolitical tensions, an analysis said. In its latest report, Invesco, a US-based investment…
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Norway’s $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon Musk’s $56 billion pay package, which is up for a shareholder vote next week, after a Delaware judge invalidated it earlier this…
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China’s growing interest in the Middle East continues as the country’s sovereign wealth fund partnered with Bahrain’s Investcorp to establish a $1 billion investment pot. According to a press statement, Investcorp Golden Horizon fund…
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The COVID-19 pandemic is accelerating a shift by central banks and sovereign wealth and public pension funds to greener and more activist investment strategies, one of the largest annual surveys of their behaviors showed. The Global…
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