Why India is receiving more state investment than China
Delhi s efforts to lure sovereign capital are paying off despite the Covid crisis, while Singapore funds GIC and Temasek lead investment into China, finds Global SWF’s first annual report.
Sovereign investment flows into Indian private markets have risen each year since 2015, while those into China have been more volatile – and both countries have much to learn from each other when it comes to luring such capital.
So says research house Global SWF s inaugural annual report, which assesses the post-pandemic landscape for state-owned investors (SOIs) and was released on January 1.
Sovereign wealth and pension funds – notably from Asia, Canada and the Middle East – have, in 2020, poured $15.8 billion into Indian private assets, said the study. This trebles the $5 billion that went into equivalent Chinese investments and represented a further widening of the gap between the countries’ inflows since the previous year
Is There a Future for Winnipegâs Landmark Department Store?
The Hudsonâs Bay Companyâs now-closed downtown department store is surrounded by warm memories â and significant challenges in a post-pandemic world.
Published Jan. 1, 2021Updated Jan. 7, 2021
While it was already on death row, Hudsonâs Bay Companyâs presence in downtown Winnipeg ended with unexpected abruptness. After announcing that its much diminished former flagship outlet would be shut in February, the retailer permanently locked the doors of the 600,000-square-foot store at the end of November. Less than two weeks later, a crew arrived and stripped it of its signs.
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