Sovereign wealth funds
News and Videos about Sovereign wealth funds from Pensions & Investments
Malaysia's Employees Provident Fund assets increase 8.9% in past 12 months
trueMalaysia's Employees Provident Fund, Kuala Lumpur, reported investment assets of 667.2 billion ringgit ($176.4 billion) as of the June 30 close of its second quarter, up 0.5% from the prior quarter and up 8.9% from the year before.
Swedish AP funds form European real estate joint venture with TIAA-CREF
trueSwedish pension funds AP1 and AP2 joined forces with TIAA-CREF to create a pan-European office investment platform called Cityhold Office Partnership, which intends to build an office portfolio of at least €4 billion ($4.55 billion).
Alaska Permanent Fund gains 4.9% for fiscal year
trueAlaska Permanent Fund Corp., Juneau, returned a preliminary 4.9%, gross of fees, for the fiscal year ended June 30, surpassing its -1.4% benchmark, said a news release from the $52.8 billion sovereign wealth fund.
Norway's Government Pension Fund Global posts -0.9% return for quarter
trueNorway's Government Pension Fund Global reported its assets decreased 1.6% to 6.9 trillion Norwegian kroner ($873 billion) over the three months ended June 30 as negative returns on equity and fixed-income investments, as well as a strengthening Norwegian currency, hit the fund.
Singapore's GIC reports improved long-term gains but sees tougher times ahead
trueSingapore's GIC reported on Thursday a strong rise in its long-term investment returns as of March 31, the close of its latest fiscal year, while warning the investment environment will be considerably less friendly in the future.
Former Alaska Permanent Corp. CEO dies
trueMichael J. Burns, former executive director/CEO of the Alaska Permanent Fund Corp., Juneau, has died at age 68.
ADIA names head of Japan for the fund's internal equities department
truestrong>Hisashi Kuroda joined the Abu Dhabi Investment Authority's internal equities department as head of Japan.
Active money managers feel pressure to adjust fees
trueActive money managers that pride themselves on adding value to portfolios increasingly are under fire to justify the fees they charge, and some have realized a refusal to budge will see them increasingly bypassed by investors.
Alaska Permanent Fund scouting for special opportunities portfolio manager
trueAlaska Permanent Fund Corp. is searching for a special opportunities portfolio manager, a new position.
Alabama Trust Fund looking for emerging markets equity manager
trueAlabama Trust Fund is searching for an active emerging markets equity manager to run $35 million.
CIC completes $1.4 billion acquisition of Belgian, French shopping centers
trueChina Investment Corp., the Beijing-based sovereign wealth fund, acquired a portfolio of 10 shopping centers in France and Belgium for more than €1.3 billion ($1.4 billion) from CBRE Global Investors.
SWFs evolving into competitors from clients
trueSovereign wealth funds continue to expand in-house management capabilities, a trend that could see them morphing — in the eyes of private markets money management firms — into competitors or collaborators from clients.
Korea fund seeks ways to work with peers while still competing
trueIf relationships between money managers and sovereign wealth funds are in flux, ties among sovereign wealth funds could prove complex as well — if the Korea Investment Corp.'s latest annual report is any indication.
The largest sovereign wealth funds
trueRanked by total assets, in U.S. millions, as of Dec. 31, 2014.
Managers' ideas, not investing, increasingly are what funds want
trueSovereign wealth funds increasingly are turning to their money managers for their intellectual capital, rather than their skills in any particular investment strategy. And for the most part, money managers are willing to share more than their proverbial asset management bodies.