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Sovereign Funds Look to Lucrative Exits from Emerging Market E-Commerce

18th March, 2022

Sovereign funds are key investors in the digitalization of emerging market economies, with e-commerce becoming a prime target for venture capital sprees in recent years.

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CalPERS Looks up to Canada with a New Canadian CIO and a Taking CPP’s Advice

22nd February, 2022

The world’s biggest sub-national public pension fund, the US$496 billion California Public Employees’ Retirement System (CalPERS), has finally appointed a new Chief Investment Officer, 18 months after Yu Ben Meng resigned amid allegations of conflicts of interest and costly investment misses.

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Canada Inc Builds Global Infrastructure Empire with Australia a Prime Target

22nd February, 2022

A US$7.7 billion blockbuster deal backed by four Canadian public pension funds to acquire Australia’s AusNet electricity network is the latest in a string of large infrastructure investments by Canada Inc in the country as they seek to ramp up exposure to low-risk, inflation-proof and stable growth real assets.

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State Investors Diverge on US Public Equity Allocations

15th February, 2022

Stock exchange filings by state-owned investors, published this week, saw a divergence in strategy and positions in Q4 2021, with leaps in some portfolios slightly offset by downward adjustments in others.

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GIC Takes a Leading Role in Asian Digital Infrastructure

29th January, 2022

Data centers are the infrastructure of the tech revolution and Singapore’s sovereign wealth fund GIC is boosting the digital superhighways of Asia with more capital.

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Real Estate Partnerships: Logistics Leads and Canadians are the Biggest Backers

25th January, 2022

Recent weeks have seen a continuation of a theme seen in 2021, when state-owned investors (SOIs) piled record amounts of investment in real estate joint venture partnerships with developers.

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CPP Promotes Duo to Head Regional Strategies in the Drive to US$1 trillion AUM

7th December, 2021

Canada’s biggest public pension fund, CPP Investments, this week appointed heads of the two most important regions outside of North America, Europe and Asia, to advance its objective of US$1 trillion of assets under management within a decade.

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Canadian Public Pension Funds Sparked by Australian Infrastructure Deal

26th November, 2021

The approval of the A$5.2 billion (US$3.7 billion) takeover of Spark Infrastructure by a consortium of private equity giant Kohlberg Kravis Roberts (KKR), the Ontario Teachers’ Pension Plan (OTPP) and PSP Investments marks the latest acquisition involving Canadian public pension funds, who have emerged as the leading foreign investors in Australian infrastructure.

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Middle East SWFs Ramp Up Chinese Equities, Canadian PPFs Cut Back

23rd November, 2021

Latest data on Chinese A-shareholdings show that the world’s biggest sovereign wealth funds and public pension funds are moving in radically different directions as their emerging market equities strategies diverge.

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Biotech Boom Supported with US$5.5bn from State-Owned Investors

19th November, 2021

The pandemic has fuelled investor interest in biotech, life sciences and drug discovery with state-owned investors ploughing more than US$5.5 billion into the space so far this year, mostly in the form of venture capital for startups – an increase of 53% over the whole of 2020.

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CPP Long-Term Return Soars to New Heights as Alternatives Boosts Earnings in Q2 FY2022

12th November, 2021

CPP Investments has notched up its best long-term return in its 22-year history, following a 3.8% return in Q2 of its current financial year.

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American Seaports Sensitivity Raises Concerns Over CPP's US$4bn Deal

10th November, 2021

It is over 15 years since controversy flared up over Dubai Ports World’s aborted acquisition of port management businesses in US seaports, ostensibly over alleged national security threats posed by selling strategically important infrastructure to an Arab government – albeit a close US ally.

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