Sovereign Funds

Backed by big deals, GIC ahead of western peers in office properties

According to sources, GIC is in the final leg of three real-estate deals in the country. They relate to properties or significant stakes in portfolios of key investors

Adani Group denies report of securing $3 bn loan from sovereign fund

Meanwhile, all ten group stocks had gains on Wednesday, the first time since the Hindenburg report was released in January

New REIT, InvIT regime spells higher taxation for sovereign funds

Other foreign investors likely to face significantly higher taxation on cashflow distribution too

Climate debt-trap risks pushing vulnerable emerging markets to brink

Rising global borrowing costs are denting the finances of some of the most climate-vulnerable countries right when they most need money to fight the devastating impacts of global warming

Two Indian companies to pick up over 26% but less than 51% stake in ISMC

Next Orbit director refuses to divulge names though talks were reportedly on with HCL, Reliance Industries

Investcorp plans major ramp up of India assets to $5 billion: Alardhi

The Middle East firm expects to reach $5 billion of assets in India in the next five years, up from just over $600 million currently, or 1.5% of the $42.7 billion in assets managed by Investcorp

Risk to India's sovereign rating from external pressures limited: Fitch

Country relatively insulated from volatility due to limited reliance on external financing, says rating agency

Norway decides to drop Russian assets from $1.3 trillion wealth fund

The Oslo-based fund is the world's biggest owner of publicly traded companies with a portfolio of about 9,000 stocks

Sovereign wealth funds turned a corner in sustainable finance in 2021

SWFs' investments in the ESG space globally surged 215.3 per cent in 2021 to $22.7 billion, from $7.2 billion the previous year

Private equity investors see big global, sovereign funds as main threat

Domestic PE players include funds like Multiples, Kedara, and so on, who, along with the global PEs, form the majority of the country's PE players

World's largest sovereign fund makes provision for India capital gains

Norway fund has investments across sectors in India, shows latest disclosures

Budget new rules on holding firms queer pitch for sovereign, pension funds

A proposed regime requiring investments through holding companies may have tax implications, say experts

Boosted by tech stocks, Norway wealth fund earned $123 billion in 2020

Norway's $1.3 trillion sovereign wealth fund is the world's largest

Apollo Hospitals opens QIP with floor price of Rs 2,508.58 a share

Sources said that the hospital chain is targeting large Domestic Mutual Funds, Sovereign Funds

Budget 2021: Govt's high debt may not warrant sovereign rating cut

Experts waiting for a debt management road map in Budget

PE firms, sovereign funds want discount, exit route for Mistry stake

According to a senior executive of a top global private equity fund, the shares should be available at 20 to 40 per cent discount.

Top headlines: May Services PMI improves, US to probe India for digital tax

From oil prices hitting a three-month high, May Services PMI improving from shock collapse in April to Google facing class action lawsuit, here are the top headlines of the day

Tax incentives for sovereign funds to boost public sector monetisation

Experts see the Budget announcement positive for investments both in InvITs and the toll-operate-transfer mode (TOT)

Sovereign funds cut India investments; share of FPI drops in recent years

Mutual funds saw net inflows of Rs 82.4 billion in June 2018, according to data from the Association of Mutual Funds in India, including inflows into arbitrage funds and tax-saving equity schemes

Third of sovereign funds plan to cut equity holdings, cite trade war fear

Investors are concerned that the imposition of tit-for-tat tariffs will hamper exporting nations and crimp global economic growth