Nigeria Sovereign Investment Authority recorded strong performance in 2020 despite the COVID-19 pandemic, with assets up 33.3%.
Direct investments by wealth funds almost doubled to $65.9 billion in 2020, partly due to opportunistic investments related to COVID-19.
Libyan Investment Authority's assets grew 2% over the seven years ended Dec. 31, 2019, to $68.4 billion, despite U.N. sanctions.
Mubadala Investment Co. achieved record income in 2020, largely driven by its public equities portfolio.
The sovereign wealth fund's portfolio remains positioned for a range of different scenarios and continues to maintain a neutral risk stance.
Government Pension Fund Global returned 4% in the first quarter, bolstered by equities and real estate gains.
Norges Bank Investment Management has revised its strategic plan with a focus on optimizing processes, technology and developing employees.
Korea Investment Corp. has opened an office in San Francisco to facilitate its growing investments in technology and startup firms.
China's $1 trillion sovereign wealth fund shuffled some leadership roles following a revamp of its investment decision-making committees.
Korea Investment Corp. and Hyundai Heavy Industries plant to invest $885 million in Korean startups and technology companies.
Malaysia's Khazanah reported impairments on strategic aviation and hospitality holdings and says a full recovery is unlikely before 2023.
China Investment Corp. posted a return of more than 12% on overseas investments in 2020 after markets rallied on loose monetary policies.
Ridha Wirakusumah was named CEO of Indonesia's new wealth fund, which will invest in local projects from infrastructure to health care.
SWFs have invested more than $5 billion in certain real asset opportunities since 2015 as part of a push toward climate-aware investing.
South Korea's sovereign wealth fund posted strong investment gains and double-digit returns for a second year in a row.
Oman's wealth fund plans to restructure its tourism and real estate investments in the latest shift by the $17 billion sovereign investor.
Government Pension Fund Global returned 10.9% in 2020, despite a year characterized by uncertainty and major fluctuations.
The Future Fund overcame pandemic-related losses earlier in the year-end 2020 with a record $130.9 billion in assets.
South Korea's $168 billion sovereign wealth fund is planning to allocate as much as a fifth of its portfolio to alternative assets.
Singapore's GIC will establish a $750 million joint venture with ESR to develop and acquire industrial and logistics assets in India.
Wellcome Trust's investment portfolio gained 12.3% over the year ended Sept. 30, with assets growing 8.7% to $41.9 billion.
Abu Dhabi Investment Authority is exploring opportunities in Africa and continues to view China and India as key drivers of global growth.
Japan will invest $4 billion in Indonesia's planned sovereign wealth fund through the Japan Bank for International Cooperation.
Australia's sovereign wealth fund reported a 1.1% gain for the Sept. 30 quarter but remains down 1.8% from the year before.
Government Pension Fund Global returned 4.3% in the third quarter, led by the sovereign wealth fund's equity exposure.