Sovereign wealth funds
News and Videos about Sovereign wealth funds from Pensions & Investments
Alaska Permanent Corp. earmarks $50 million to alternative credit fund
trueAlaska Permanent Fund Corp. committed $50 million to Audax Mezzanine Fund IV, documents prepared for this week’s board meeting show.
GIC, CPPIB form joint venture for $263 million purchase of Seoul mall
trueGIC, the Singapore sovereign wealth fund, and Canada Pension Plan Investment Board announced Monday they had formed a joint venture partnership to acquire the D-Cube retail mall in Seoul from Daesung Industries for $263 million.
Alaska Permanent Fund returns 2.8% in quarter, up 4.7% for 9-month period
trueAlaska Permanent Fund Corp. returned 2.8% in the quarter ended March 31 and 4.7% in the fiscal year-to-date, said a news release from the $53.9 billion sovereign wealth fund.
KIC portfolio ends 2014 at $84.7 billion, up 17.6% from year before
trueKorea Investment Corp.’s investment portfolio was valued at $84.7 billion at the end of 2014, up 17.6% from the year before, said its latest annual report, released Monday.
GIC, CPPIB among institutional groups taking stake in largest U.K. mobile operator
trueFive big institutional investors, including Singapore’s GIC and the Canada Pension Plan Investment Board, will invest £3.1 billion ($4.7 billion) for a 33% stake in the U.K. mobile phone interests of Hong Kong-based Hutchison Whampoa Ltd.
Risk management is biggest concern for institutional investors — survey
trueIncreased complexity in risk management is the biggest concern for institutional investors across the globe, a new survey shows.
New Mexico county scouting for manager to run permanent fund
trueChaves County, Roswell, N.M., is searching for an investment manager for its $66.5 million permanent fund.
SSgA: Investors continue to pour money into equities despite market correction concerns
trueFunding pressures are pushing institutional investors to allocate increasing chunks of their portfolios to developed markets and emerging markets equities, despite expectations of a market correction in the near term.
Norway's Government Pension Fund Global notches record quarterly return
trueGovernment Pension Fund Global, Oslo, Norway, achieved its highest ever quarterly return in the three months ended March 31, gaining 5.3% or 401 billion Norwegian kroner ($50.1 billion).
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.