Blackstone, Saudi wealth fund collect £4m dividends from four Morrisons stores Retail Private equity firm Blackstone and the Saudi sovereign wealth fund have handed themselves £4m in dividends from their ownership of four Morrisons supermarket buildings. The pair acquired the sites – in Maldon, Stockport, Harrogate and Newcastle – for £110m in 2023 as part of a sale and leaseback arrangement which saw the supermarket chain sell [...]
Reform’s sovereign wealth pitch risks raiding pensions not reviving growth Opinion Reform’s Richard Tice’s plan to consolidate local council pension schemes fundamentally misunderstands the nature of fiduciary duty, says Tim Focas Behind the rhetoric of Reform’s proposal to consolidate local council pension schemes into a near £500bn sovereign wealth fund lies a major misunderstanding of what these pension assets are and who they exist to serve. [...]
Public finance bodies need more clarity, says boss of Reeves’ wealth fund Economics The boss of Rachel Reeves’ flagship wealth fund has admitted British entrepreneurs want more clarity across public finance bodies as concerns rise over the growing number of institutions. Former RBS boss Oliver Holbourn, who the Chancellor appointed last July to lead the National Wealth Fund (NWF), said “people want more confidence in who they’re going [...]
The trillion-dollar blueprint for the evolving investment landscape November 20, 2025 The ‘Asset Abu Dhabi’ forum is one of the key events of Abu Dhabi Finance Week, which runs from December 8th to 11th in the capital of the United Arab Emirates (UAE). The event a focal point where some of the world’s largest capital allocators and asset managers gather to decipher evolving investment strategies and [...]
Abu Dhabi Finance Week 2025: How ADGM has become the MENA region’s largest financial centre November 13, 2025 Abu Dhabi Finance Week (ADFW) 2025 will highlight the emirate’s status as a primary global financial hub, as it transitions to an established ‘Capital of Capital’. The event, which will take place from 08 to 11 December 2025, is titled ‘Engineering the Capital Network’ and has been designed to showcase Abu Dhabi’s decade of phenomenal [...]
Reeves’ National Wealth Fund faces ‘very challenging’ growth goal October 28, 2025 Rachel Reeves faces an uphill battle as she looks to use her National Wealth Fund to ramp up the government’s economic growth mission, top MPs have warned. The Chancellor has touted the new unit as a growth-focused initiative that would unlock over £70bn in private investment. But in a new Treasury Select Committee report, the group’s [...]
Would Labour’s plans for a British sovereign wealth fund work? May 28, 2024 While we don’t know the details of a Labour manifesto yet, we do have one solid commitment from them: a sovereign wealth fund. “The National Wealth Fund will be a crucial tool in our armoury towards bringing about growth,” shadow chancellor Rachel Reeves has said. Senior City figures have been calling for the establishment of [...]