Sovereign wealth funds
News and Videos about Sovereign wealth funds from Pensions & Investments
Norway's Government Pension Fund Global to shift from standard indexing
trueNorway's $880 billion Government Pension Fund Global, Oslo, the world's largest sovereign wealth fund, said traditional global indexes are no longer an appropriate model on which to base its investments.
Silver Lake gains $4.5 billion on Alibaba IPO
truePrivate equity firms Silver Lake Partners, Asia Alternative Management and Siguler Guff, as well as Singapore sovereign wealth fund Temasek Holdings, have reaped billions of dollars in paper gains after Chinese e-commerce firm Alibaba Group Holding Ltd. went public Friday.
Texas Permanent assigns $900 million to emerging markets equity
trueTexas State Board of Education approved the hire of two managers to run a total of $900 million in emerging markets equity for the $30.2 billion Texas Permanent School Fund.
ADIA hires global head of external equities
trueBrian Tipple was named global head of external equities at Abu Dhabi Investment Authority.
Australia's Future Fund picks new CIO
trueRaphael Arndt was named chief investment officer of Australia’s A$101 billion (US $93.7 billion) Future Fund.
Sovereign wealth funds move outside for specialist investments
trueGrowing allocations to alternatives and multiasset strategies have left the sovereign wealth funds and national pension plans that dominate Asia's institutional investor landscape relying more on external money managers to manage their portfolios.
Alabama Trust Fund taps 4 international equity managers
trueAlabama Trust Fund, Montgomery, hired Artisan Partners Asset Management, Invesco, Lazard Asset Management, and Thompson, Siegel & Walmsley to run an undetermined amount in active international equity.
Norges Bank Investment Management restructures investment departments
trueNorges Bank Investment Management has restructured its investment departments in line with a new strategy plan for Norway’s Government Pension Fund Global, Oslo, a spokesman said.
HKMA's head of direct investments for private equity, real estate departs
trueHuh Yong-Hak stepped down on July 23 as head of the Hong Kong Monetary Authority's direct investments in private equity and real estate.
Alaska Permanent Fund tops $50 billion mark, returns 15.5% for year
trueAlaska Permanent Fund Corp., Juneau, ended the fiscal year above $50 billion for the first time
China Investment Corp. reports 9.3% gain for 2013 on its overseas portfolio
trueChina Investment Corp. Friday reported a 9.33% gain on the overseas portion of its investment portfolio for its fiscal year ended Dec. 31, which helped lift the value of its total portfolio to US$652.7 billion.
Sovereign wealth fund direct deals near record in first half of '14
trueThe value of direct investment transactions by sovereign wealth funds increased 23.1% to $50 billion in the six months ended June 30, compared with the same period in 2013, said the Sovereign Wealth Fund Institute, whose transactions database tracks these deals.
Ardian in talks to buy $2 billion of Abu Dhabi private equity fund stakes — sources
truerdian is in talks to purchase more than $2 billion in private equity fund stakes from Abu Dhabi Investment Authority, according to two people with knowledge of the deal.
Singapore's GIC expects tough decade
trueSingapore's GIC reported annualized, nominal gains of 12.4% for the five years ended March 31, even as the sovereign wealth fund warned that capital markets aren't likely to be anywhere near that generous in the years to come.
Singapore's GIC takes small steps in its direct private equity portfolio
trueSingapore's GIC Pte Ltd. has made a growing number of small-scale private equity investments this year, each amounting to between two and three basis points of the sovereign wealth fund's estimated portfolio size.