26th February, 2024
The real estate slump dragged down the investment returns for two of Canada’s biggest public pension funds, CDPQ and OMERS, which reported their annual results in recent days - results that confirmed Global SWF's finding of a negative correlation between one-year returns and allocation to alternatives in 2023.
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20th February, 2024
Indian highways could receive another capital boost from Canada, despite the geopolitical ructions between Delhi and Ottawa, with CDPQ among those expressing interest in acquiring a roads portfolio from India’s quasi-sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF).
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31st January, 2024
Canadian public pension fund CDPQ’s US$1.5 billion aircraft leasing partnership with SMBC Aviation Capital, announced this week, is the latest in a line of similar investments in aircraft lessors by state-owned investors, seeking to provide fleets to operators instead of the more complex business of running an airline.
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25th January, 2024
CDPQ has made the surprise move of integrating its real estate subsidiaries Ivanhoé Cambridge and Otéra Capital as it rearranges its real estate portfolio and brings it firmly under the ambit of the management, resulting in the departure of Ivanhoé Cambridge’s CEO Natalie Palladitcheff when the consolidation is completed in 18-24 months.
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23rd January, 2024
The Netherlands’ civil service pension fund manager APG has shut down its Beijing office due to a lack of interest among its clients, following the decision four months ago by the world’s biggest sovereign wealth fund, Norges Bank (NBIM) to end operations in Shanghai.
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15th December, 2023
On Monday, January 1, 2024, we will be releasing the industry’s most timely, rigorous, and insightful account of the activity and trends of Sovereign Wealth Funds and Public Pension Funds during 2023. The report is titled “State-Owned Investors Powering Through Crises” and includes the following sections:
21st November, 2023
Canadian public pension fund manager CDPQ is preparing to deploy up to C$5 billion (US$3.6 billion) in capital to Brazil over 2024-27, on top of around C$8 billion (US$5.8 billion) already invested in the country since it started buying Brazilian assets in 2006.
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15th November, 2023
Norway’s sovereign wealth fund manager continues to pile tens of millions into Boston real estate with its latest acquisition being a life sciences campus that is in the early stages of development.
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10th November, 2023
Quebec’s public pension fund CDPQ is set to join the federal-level CPP Investments in selling weighty secondary portfolios to free up liquidity towards new priorities.
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9th November, 2023
State-owned investors continued to slash their Chinese equity holdings in 2023 due to heightened geopolitical risks, poor returns and reduced IPOs.
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25th September, 2023
While turmoil has engulfed Canadian relations with India over the assassination of Khalistan separatist Hardeep Singh Nijjar, Canadian public pension funds (PPFs) are unlikely to pull their investments or press their brakes having invested approximately US$21 billion in Indian private markets over the past decade.
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11th September, 2023
Australian Super has made one of the biggest deals in data center investment by any state-owned investor, with its EUR1.5 billion (US$1.6 billion ) investment in Vantage Data Centers.
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