Sovereign Wealth Funds

Adani Group secures $3 bn credit from sovereign wealth fund: Report

Adani Group has told creditors it has secured $3 bn loan from a sovereign wealth fund, two sources with knowledge of the matter said, as the embattled conglomerate seeks to ease concerns

InCred Financial Services aims to float about Rs 10,000-crore AIF

Subsequently, it will look to raise money from institutional investors, including Sovereign Wealth Funds

Saudi sovereign wealth fund buys $7-bn US stocks amid recession fears

The $620 billion Public Investment Fund also added to positions it held in Facebook Inc. owner Meta Platforms Inc., PayPal Holdings Inc. and Electronic Arts Inc. in the second quarter

ADIA eyeing minority stake in Aditya Birla's health insurance arm: Report

The discussions for ADIA taking a minority stake in Aditya Birla Health Insurance Co Ltd are ongoing and expected to gain pace in the coming weeks

Saudi wealth fund takes 5% Nintendo stake, adds to video games push

The investment in the Kyoto-based group company was made for investment purposes, a filing said.

India, Nordic nations to remain engaged on Ukraine; condemn civilian deaths

PM Modi invited sovereign wealth funds of the Nordic countries to invest in India and noted that New Delhi's Arctic policy provides a good framework for the expansion of cooperation in Arctic region

Norway sovereign wealth fund ups India bets amid rise in equities

The Government Pension Fund Global, Norway's $1.4-tn sovereign wealth fund that holds 1.3% of all the world's listed companies and is the largest in the world, raised its Indian bets last year

Long-term FPIs have been raising India bets, shows data

Sovereign and pension fund have seen a rise in their share of overall FPI assets

SWF and public pension fund assets in US hit record $31.9 trillion: Report

Assets held by the world's sovereign wealth and public pension funds rose to a record $31.9 trillion in 2021 thanks to rising US stock and oil prices

Paytm in talks with sovereign wealth funds, BlackRock for IPO stakes

State-backed wealth investors Abu Dhabi Investment Authority and Singapore's GIC Pte are among those weighing bidding to participate in the IPO, sources said

Biggest sovereign wealth fund excludes ONGC from portfolio

The exclusion was announced by Norges Bank after a recommendation from the Council on Ethics, an independent body that investigates possible norm breaches in the wealth fund's $1.4 tn portfolio

Biggest sovereign wealth fund puts oil stocks on notice

Norway is now taking another look at the mandate handed to its wealth fund, the world's biggest

RIL reinvents, again

The scale of its green energy debut is stunning

Dubai sovereign wealth fund posts $5.1 billion loss amid pandemic

This highlights the toll that the coronavirus pandemic has wrought on the company's vast assets

Sovereign fund flow: India replaces China as most sought-after destination

In 2020, sovereign wealth funds poured $14.8 billion into India, nearly three times more than what they invested in China

Spike in sovereign wealth funds' Indian market holding belies sell-off buzz

Holdings in Indian equities are higher now than before the pandemic took hold

Covid-19 crisis: World's largest sovereign wealth fund reports $21 bn loss

The decline followed record earnings in 2019, when the fund raked in profits of $180 billion as global stock markets soared

Sovereign wealth funds to get tax relief on infrastructure bets: CBDT

CBDT notifies changes that will also apply to pension funds

Pension funds, PE may invest in renewable projects, roads after lockdown

Even as the lockdown has affected mergers and acquisitions (M&A) in various businesses, companies and deal consultants are certain that renewable power assets would be the first on the sale table.

Sovereign wealth fund holdings under heavy pressure as oil prices crash

The share of such funds among overall foreign holdings had risen over the last 18 months