Happy August! 

Sovereign Investors had a relatively strong month of July, with US$ 23.3 billion in 45 transactions and several funds closed. Read all about the deals, results, and new funds at the Global SWF Times.

Australia’s state investors continue to grow as superannuation funds merge and new managers arise. The monthly report looks at the current size the industry, as well as the performance of the largest 10 super funds (“Kangaroo 10”) in the past decade. These are shown with the two infographics of the month.

In that context, the fund of the month goes to Retail Employees Superannuation Trust (Rest), the sixth largest fund with a US$ 77 billion portfolio. Do not miss our conversation with its CIO, Mr. Michael Clancy.

Lastly, we list the 50 largest royal family offices, which we have started to cover in detail after mapping 100+ of these entities and subsidiaries, mostly in the Middle East, but also in Europe, Africa, and Asia.

The August report can now be accessed at https://globalswf.com/reports/august2026 - if your firm is a subscriber of Global SWF and you forgot your password, you can always reset it with your email at https://globalswf.com/password/reset. And if your firm is not a subscriber yet, feel free to reach out to us. 

We remain at your disposal should you want to discuss any of the topics in detail.

Best wishes,

The Global SWF Team

Keep reading