Mubadala Investment in JV to invest in multifamily real estate; Philippines's sovereign wealth fund attracts GIC, Temasek interest; China's Xi meets Bill Gates; GEPS picks managers for equity portfolios; and more.
As sustainability rises as a priority among asset owners, they will need to grapple with how much they engage with poor ESG performers, and whether they should divest.
Senior executives at the Abu Dhabi and Spanish sovereign wealth funds outline how their institutions are working to measure and reduce their portfolios' climate impact.
Asian SWFs have overtaken Middle East government investment arms as the largest acquirers of assets this year, and the biggest increase in spending is in the natural resources sector.
GE will partner with the sovereign wealth fund in areas such as clean energy, aviation and financial services, in a deal that will make Mubadala a top 10 shareholder in GE.