Skip to content Skip to Search
Skip navigation

Gulf sovereign wealth funds tilt towards emerging markets

In the past 12 months Gulf sovereign wealth funds invested almost $10 billion in China, the largest such volume in history, Diego Lopez, Singapore-based managing director of Global SWF tells AGBI.

This reflected a growing bias among Gulf funds towards emerging markets and domestic economies.

“Every time [investment managers] are coming across a good opportunity to invest in emerging economies they are now taking it because they know that they need to diversify away from developed markets,” Lopez says.

Mubadala invested $29.2 billion across 52 deals, a 67 percent increase on the previous year.

An overriding theme of the last year was digital investment, Lopez says.

Watch the video to find out why sovereign wealth funds are shifting their focus away from developed overseas economies.

Latest articles

Amin H Nasser, Aramco president and CEO at the Iktva forum

Aramco announces $9bn of localisation investment

Saudi Aramco has identified 210 localisation opportunities within 12 sectors with an estimated market size of $28 billion. Wail Al Jaafari, Aramco vice president of technical services, made the comments on the opening day of the Iktva Forum in Dhahran on Monday. Iktva, which stands for “in-kingdom technical value add”, “is a top priority in […]

UAE Brazil minerals Alexandre Silveira

Brazil and UAE sign minerals exploration deal

The UAE and Brazil have signed an agreement potentially worth billions of dollars to invest in the search for minerals that are essential to the green energy transition.  The memorandum of understanding aims to promote exploration for and development of “strategic” minerals, in a partnership that could reach R$15 billion ($2.45 billion) in investments, Brazil’s […]

Alparslan Bayraktar, Turkey's energy minister, said the country also needs to invest $28 billion in the grid

Turkey needs $80bn for energy transition, says minister

Turkey needs $80 billion to meet growing energy demand, which has tripled in the last two decades, the energy minister said on Monday. “We need to attract capital into our energy markets. We need to find new business solutions,” Alparslan Bayraktar said at the International Renewable Energy Agency assembly in Abu Dhabi, adding that the […]

Turkey needs to build 250,000 houses a year to meet rental housing demand

Turkey to build low-cost housing to ease rent pressures

Turkey has unveiled a new scheme to provide affordable homes for low-income earners and first-time buyers aimed at easing inflationary pressures generated by rising rents and helping to support the housing sector. Vice president Cevdet Yılmaz announced on Friday that state housing agency TOKİ would be overseeing the new low-cost housing programme, with work to […]