Sovereign wealth funds
News and Videos about Sovereign wealth funds from Pensions & Investments
South Korea's national pension fund returns 5.25% in 2014, continues overseas diversification
trueSouth Korea’s 469.8 trillion won ($434.1 billion) National Pension Service, Seoul, continued to diversify into overseas assets in 2014, helping to offset the local stock market’s decline, its latest annual report shows.
Norway's sovereign wealth fund, Prologis acquire $5.9 billion U.S. real estate portfolio
trueNorges Bank Investment Management, the in-house manager of Norwegian sovereign wealth fund Government Pension Fund Global, Oslo, will acquire a 45% stake in a U.S. industrial real estate portfolio.
GE holds talks with sovereign wealth funds for sale of finance assets
trueGeneral Electric Co. has held talks with “a broad geographic spectrum” of sovereign wealth funds as part of the effort to sell the bulk of its financial business, said Jeff Bornstein, senior vice president and chief financial officer.
Preqin: Sovereign wealth fund assets rise 17% in 18 months to $6.3 trillion
trueAggregate assets managed by a universe of 73 sovereign wealth funds increased 17% to $6.3 trillion as of March 31, up from $5.4 trillion at the start of October 2013, the last time researcher Preqin reviewed this part of the asset owner industry.
Norway megafund appoints panel to study infrastructure, real estate investments
trueNorway’s Ministry of Finance appointed an expert group to investigate whether the 6.4 trillion Norwegian kroner ($809 billion) Government Pension Fund Global, Oslo, should be permitted to invest in unlisted infrastructure and increase the 5% cap on real estate investments.
Abu Dhabi Investment Authority hires investment department manager
trueSam O'Sullivan was appointed a manager in the investment services department at the Abu Dhabi Investment Authority.
Towers Watson: Institutional investors remain uncertain over future of global economy
trueInstitutional investors continue to be uncertain about the global economy, a new Towers Watson survey says.
Alabama Trust Fund issues call for global equity manager
trueAlabama Trust Fund is searching for a global equity manager to run $100 million.
Korea Investment Corp. looking to add overseas offices in Asia, Middle East
trueKorea Investment Corp. is looking to expand its overseas network with offices in Asia and the Middle East.
GIC, Exeter Property Group form European real estate partnership
trueSingapore sovereign wealth fund GIC formed a €300 million ($328 million) real estate partnership with Exeter Property Group.
Norway's Government Pension Fund is on top of the world
trueA glance at the largest sovereign wealth fund – Norway's Government Pension Fund Global.
Nigeria's wealth fund has 'good year' tapping dollar investments
trueNigeria's $1.55 billion sovereign wealth fund had a “good year” after weighting its investments toward dollar assets, CEO Uche Orji said
Alaska Permanent makes $80 million in private equity commitments
trueAlaska Permanent Fund Corp. committed $80 million total to two private equity funds.
China's CIC sets up direct investment unit to boost efficiency
trueChina Investment Corp., the $653 billion sovereign wealth fund, has set up a company to focus on direct equity investments.
Norges Bank adds $1 billion in China QFII quota, lifting total to $2.5 billion
trueChina’s State Administration of Foreign Exchange awarded Norges Bank Investment Management an additional $1 billion in quota capacity to invest in China’s domestic capital markets under its qualified foreign institutional investor program.