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Sovereign Investors' Slash Chinese Equities to Multi-Year Low

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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Ireland's ISIF Beats Bigger Peers as it Ramps Up Green Transition Investments

8th November, 2023

The Ireland Strategic Investment Fund (ISIF) steered deftly through turbulent times in H113, securing a 1.7% return, contributing EUR136 million to the sovereign wealth fund’s overall value and helping to support the nation's green transition goals.

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HK Brought Closer to Beijing with SWF-Backed Belt and Road Platform

7th November, 2023

The sovereign wealth fund attached to the Hong Kong Monetary Authority (HKMA) is ploughing a new furrow, tying itself closer to China’s Belt and Road Initiative by forging a HK$16 billion (US$2.1 billion) co-investment platform with the Beijing’s Silk Road Fund.

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Korean Pension Giant’s Stockbridge Deal Boosts its Foreign Real Estate Exposure

6th November, 2023

Korea’s US$779 billion National Pension Service (NPS) has cemented its links with its favored US real estate partner Stockbridge Capital Group by buying a significant minority stake in the company, via a separate account investment program administered by Blue Owl, nearly three years after their US$2 billion logistics property deal.

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The Winds of Change at CPP as it Makes German Renewables Divestment

3rd November, 2023

Canadian pension giant CPP Investments has exited two German wind farms with a C$374 million (US$273 million) profit - but it remains committed to renewables as part of its strategy to achieve C$130 billion of transition and green assets by 2030.

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Gulf Funds Snap Up Egyptian Government Assets

2nd November, 2023

The parlous state of the Egyptian economy has provided major investment opportunities for the patient capital of Arabian Gulf funds seeking cheap assets – as well as closer geopolitical alliances with North Africa’s most populous and resource-rich country.

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Fund of the Month (Nov'23): Public Officials Benefit Association (POBA)

1st November, 2023

Among S. Korean pension funds, the Public Officials Benefit Association (POBA) is known for having modernized its approach to asset allocation and for having boosted AuM and returns in the past few years. We had the great pleasure of speaking with the engineer of such change as the fund’s CIO between 2016 and 2022, Mr. Dong Hun Jang, about the country’s pension system, the fund’s history, and the changes he pushed for during his tenure.