May 21, 2024
Home sovereign wealth fund
Funds

Norway wealth fund backs NatWest plan to buy more state-owned stock

  • April 18, 2024

STOCKHOLM (Reuters) -Norway’s $1.6 trillion sovereign wealth fund, one of the world’s largest investors, said on Thursday it would vote in favour of a proposal letting NatWest buy back more of its stock from the British government, amid efforts to speed up privatisation. Ahead of its annual meeting on April 23, lender NatWest has asked

Read More
Funds

Saudi Arabia’s Public Investment Fund outpaces Singapore’s GIC with US$31.6 billion splurge in 2023

  • January 1, 2024

Saudi Arabia’s Public Investment Fund (PIF) emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers including GIC and Temasek Holdings slashed spending. PIF deployed US$31.6 billion in 2023, according to research consultancy Global SWF. That was higher than the US$20.7 billion it invested the previous

Read More