Sovereign wealth fund

UNITE Dubai - Middle East Private Wealth Gathers on Eve of Expo2020 to Discuss Investment, Trade and Philanthropy

Thursday, October 14, 2021 - 1:38pm

The World Humanitarian Forum, Part of the United Nations discussed topics such as 'Building Forward Better' and on their plans here in the UAE.

Key Points: 
  • The World Humanitarian Forum, Part of the United Nations discussed topics such as 'Building Forward Better' and on their plans here in the UAE.
  • UNITE Dubai and The Private Investment Group are proud to support such initiatives and do all that we can in promoting the UAE and the wider region.
  • The Middle East region's premier resource for informed news, features, and commentary covering sectors as construction, banking, technology and leisure in both English and Arabic.
  • Welthee, is a Decentralized Investment Fund that offers institutions and money managers a disruptive technology for unprecedented risk mitigation methods, diversification through a user-friendly platform.

SUMA Wealth Receives $2 Million in Additional Funding to Meet Unprecedented Growth and Further Empower Latino Community

Tuesday, October 12, 2021 - 2:28pm

Funding will be used to expand SUMA's technical capabilities and grow headcount, which will better position SUMA to meet its goal of eradicating the Latino wealth gap.

Key Points: 
  • Funding will be used to expand SUMA's technical capabilities and grow headcount, which will better position SUMA to meet its goal of eradicating the Latino wealth gap.
  • "The SUMA cap table looks like the SUMA community," said Samara Hernndez.
  • SUMA Wealth is the leading financial technology company devoted to increasing prosperity, opportunity, and financial inclusion for young, U.S.-born Latinos.
  • SUMA also creates user-centric content and brand-based experiences that inspire, inform and empower the community to build wealth and control their financial future.

Indonesia Construction Markets Trends and Opportunities Report 2021-2025 - ResearchAndMarkets.com

Tuesday, October 5, 2021 - 12:52pm

The "Construction in Indonesia - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction in Indonesia - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The Indonesian construction industry's output in 2020 declined by 2% in real terms due to the Large-Scale Social Restrictions policy imposed by the government to control the COVID-19 outbreak.
  • Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Indonesia, featuring details of key growth drivers.
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.

Turkiye Garanti Bankasi A.S.: Disclosure Regarding News or Rumors

Friday, October 1, 2021 - 10:44am

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Our Bank regularly considers and reviews its options regarding such shares.
  • The Bank shall make public disclosure in accordance with the relevant legislations, should any certain development requiring a public announcement occurs.
  • In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

IBAC launches an end-to-end digital assets investment solution for central banks and sovereign wealth funds

Monday, September 13, 2021 - 2:00pm

Digital assets investment is still in a nascent phase, but bitcoin is slowly emerging as a viable asset class both for institutions and governments.

Key Points: 
  • Digital assets investment is still in a nascent phase, but bitcoin is slowly emerging as a viable asset class both for institutions and governments.
  • "Sovereign institutional clients seek to understand this emerging asset class in depth, move quickly and with discretion, and ensure that they are using the best-in-class solution providers.
  • There exists approximately $30 trillion of assets under management in the world's central banks, and an additional $8 trillion in sovereign wealth funds.
  • If no more than 1.5% of assets under management were allocated to digital assets, the total market size for the end-to-end servicing of sovereign wealth investment into digital assets is estimated to be greater than $50 billion.

IBAC launches an end-to-end digital assets investment solution for central banks and sovereign wealth funds

Monday, September 13, 2021 - 9:37am

Digital assets investment is still in a nascent phase, but bitcoin is slowly emerging as a viable asset class both for institutions and governments.

Key Points: 
  • Digital assets investment is still in a nascent phase, but bitcoin is slowly emerging as a viable asset class both for institutions and governments.
  • "Sovereign institutional clients seek to understand this emerging asset class in depth, move quickly and with discretion, and ensure that they are using the best-in-class solution providers.
  • There exists approximately $30 trillion of assets under management in the world's central banks, and an additional $8 trillion in sovereign wealth funds.
  • If no more than 1.5% of assets under management were allocated to digital assets, the total market size for the end-to-end servicing of sovereign wealth investment into digital assets is estimated to be greater than $50 billion.

Top pension fund assets rise strongly despite pandemic uncertainty

Tuesday, September 7, 2021 - 3:20pm

The research highlights high-level trends in the pension funds industry and provides information on how the characteristics of these funds have changed.

Key Points: 
  • The research highlights high-level trends in the pension funds industry and provides information on how the characteristics of these funds have changed.
  • As a result, continued Hall, pension fund boards agendas have become more complex and demanding than at any previous time.
  • Among the top 300 funds, DB fund assets continue to dominate at 63.4% of the total AUM; however, the share of DB fund assets has been declining modestly over the years, as defined contribution (DC) funds, reserve funds and hybrid fund assets are slowly gaining traction.
  • The top 20 fund assets are predominantly invested in equities (46.6%) followed by fixed income (36.3%) and alternatives and cash (17.1%) on a weighted average basis.

GIC Invests in Qmerit to Supercharge Electrification Efforts

Monday, July 19, 2021 - 4:17pm

IRVINE, Calif., July 19, 2021 /PRNewswire/ -- GIC, Singapore's sovereign wealth fund, joins Lime Rock New Energy to invest in Qmerit, a leader in electrification and green energy transformation.

Key Points: 
  • IRVINE, Calif., July 19, 2021 /PRNewswire/ -- GIC, Singapore's sovereign wealth fund, joins Lime Rock New Energy to invest in Qmerit, a leader in electrification and green energy transformation.
  • GIC's investment is testament to Qmerit's track record of continued growth, strong management team, and expertise in electrification.
  • GIC will have a seat on the Qmerit Board of Directors alongside the most recent appointee Annette Clayton , the CEO of Schneider Electric's North American Operations.
  • Qmerit, headquartered in Irvine, California, simplifies the adoption of electrification products for residential and small business markets.

The Russian Direct Investment Fund : Sputnik V demonstrates 94.3% efficacy and high safety profile during the vaccination campaign in Bahrain

Thursday, June 10, 2021 - 12:00pm

MOSCOW, June 10, 2021 /PRNewswire/ -- The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) announces thedata of the Ministry of Health of the Kingdom of Bahrain on the Russian Sputnik V coronavirus vaccine confirming its safety and high efficacy during the vaccination campaign in the country.

Key Points: 
  • MOSCOW, June 10, 2021 /PRNewswire/ -- The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) announces thedata of the Ministry of Health of the Kingdom of Bahrain on the Russian Sputnik V coronavirus vaccine confirming its safety and high efficacy during the vaccination campaign in the country.
  • "Our data has confirmed the high efficacy and safety of Sputnik V during its use in Bahrain.
  • Sputnik V continues to play an important role in the Kingdom's ongoing and successful vaccination campaign, with 81% of the eligible population vaccinated so far."
  • Russian Direct Investment Fund (RDIF)is Russia's sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors.

RDIF holds a meeting of its International Advisory Board with participation of the President of Russia Vladimir Putin as part of SPIEF-2021

Saturday, June 5, 2021 - 4:30am

SAINT PETERSBURG, June 5, 2021 /PRNewswire/ --Russian President Vladimir Putin and representatives of the investment community took part in the traditional meeting of The Russian Direct Investment Fund's (RDIF, Russia's sovereign wealth fund) International Advisory Board (IAB) held at the St. Petersburg International Economic Forum.

Key Points: 
  • SAINT PETERSBURG, June 5, 2021 /PRNewswire/ --Russian President Vladimir Putin and representatives of the investment community took part in the traditional meeting of The Russian Direct Investment Fund's (RDIF, Russia's sovereign wealth fund) International Advisory Board (IAB) held at the St. Petersburg International Economic Forum.
  • More than 30 investors from 17 countries with over $15 trillion of assets under management took part in the Board's meeting.
  • The coronavirus pandemic, the key topic on the global agenda, was also touched upon during the IAB meeting.
  • RDIF has established a wide network of international partnerships for the production of the Sputnik V vaccine.