Sovereign Wealth Funds
Mubadala Investment Co. and Ares Management formed a joint venture to deploy an initial $1 billion in global credit secondaries opportunities.
Norway's $1.3 trillion sovereign wealth fund said it reduced its holding in Credit Suisse Group AG earlier this year.
Malin Norberg was named co-CIO for asset strategies at Norges Bank Investment Management.
Investors need to expand their knowledge of inflation-hedging assets and become well versed in ESG, GIC's fixed-income CIO said.
The chairman of Australia's sovereign wealth fund said he's wary of being caught in the crosshairs of U.S.-China tensions and potential U.S. bans on Chinese companies.
Abu Dhabi's Mubadala Investment and Qatar Investment Authority are interested in minority stakes in NBA teams, people familiar with the matter said.
Sovereign wealth funds are adopting ESG policies as institutional investors push for action on sustainability challenges and transparency.
Norway's $1.37 trillion sovereign wealth fund has sold its remaining stakes in Adani Group following a record year of divestments.
The sovereign wealth fund fell short of its 11.8% target return for the year as bond and equity markets fell.
Government Pension Fund Global's negative return was equivalent to a record loss in monetary terms of $166.2 billion.
