Sovereign wealth funds
News and Videos about Sovereign wealth funds from Pensions & Investments
Alaska Permanent's assets hit $49.7 billion after 4.3% return in quarter
trueAlaska Permanent Fund Corp. returned 4.3% for the second quarter of fiscal year 2014 ended Dec. 31.
GIC, Macquarie Capital invest in Aussie student housing group
trueA joint venture between Singapore sovereign wealth fund GIC and Macquarie Capital has acquired a majority interest in Iglu, a Sydney-based student accommodation group with a roughly A$150 million (US$132 million) property portfolio.
Kuwait SWF gets additional $500 million in QFII quota
trueKuwait Investment Authority, Kuwait City, garnered an additional quota of $500 million this month for investment in China’s domestic stock and fixed-income markets, lifting the sovereign wealth fund’s overall quota to $1.5 billion.
Libyan Investment Authority sues Goldman Sachs in London
trueLibyan Investment Authority, Tripoli, the nation's sovereign wealth fund, sued Goldman Sachs Group in the U.K. over investments worth more than $1 billion.
Malaysian sovereign wealth fund gains 19%
trueKhazanah Nasional Berhad, Malaysia's sovereign wealth fund, said Monday its net asset value rose 19.1% to 103.5 billion ringgit ($31 billion) in 2013.
KIC's CIO resigns; head of SWF's New York office to serve as interim CIO
trueDong-ik Lee resigned as chief investment officer of Korea Investment Corporation for personal reasons, effective Jan. 3, a spokesman for the $65 billion sovereign wealth fund confirmed Friday.
Norway fund acquires U.S. industrial properties through joint venture
trueNorges Bank Investment Management, acting on behalf of Norway's 4.921 trillion kroner ($811.5 billion) Government Pension Fund Global, Oslo, purchased a 45% stake in 66 U.S. industrial properties from Prologis for $450 million.
Norway official sees more diversification for sovereign wealth fund
trueNorway’s central bank governor said it would be natural for the 4.921 trillion kroner ($811.5 billion) Government Pension Fund Global to expand the asset classes in which it invests, as the new government considers how best to deal with the fund’s growth.
Texas Permanent School Fund commits to 2 real estate funds
trueTexas Permanent School Fund, Austin, committed $75 million to Blackstone Real Estate Partners Europe IV and €60 million ($81 million) to Tristan Capital Partners.
Alaska Permanent selects 4 to run $100 million each, commits to Lazard
trueAlaska Permanent Fund Corp., Juneau, hired four managers to run $100 million each in emerging markets equity, confirmed spokeswoman Laura Achee.
Norway mulls handing over divestment decisions on $577 billion fund to central bank
trueNorway's Government Pension Fund Global, Oslo, should delegate decisions on divestment to Norges Bank Investment Management, which manages the 3.3 trillion Norwegian kroner ($577.4 billion) fund, according to a set of recommendations in a report released Monday.
KIC's president, CEO resigns
trueChong-Suk Choi resigned as president and CEO of Korea Investment Corp., Seoul, the country's $65 billion sovereign wealth fund.
Norway's sovereign wealth fund says size creates investment hurdles
trueNorway's $810 billion Government Pension Fund Global, Oslo, the world's largest sovereign wealth fund, is finding its record size is becoming a hurdle that's complicating its investment decisions.
Preqin: SWF assets exceed $5 trillion
trueAggregate assets managed in sovereign wealth funds topped $5 trillion for the first time, according to a report from Preqin released Friday.
Australia's Future Fund adds equity, infrastructure to power nearly 15% gain
trueAustralia's A$91.7 billion (US$89.3 billion) Future Fund shifted allocations to global equities and infrastructure from credit and alternative investments during the 12 months through Sept. 30, to take advantage of a changing investment landscape.