10th June, 2024
Norway’s Norges Bank Investment Management (NBIM), which oversees the US$1.6 trillion Government Pension Fund Global (GPFG), has announced it will vote against Elon Musk’s proposed US$56 billion compensation package at Tesla, potentially influencing other investors against the record remuneration.
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7th June, 2024
The Ireland Strategic Investment Fund (ISIF) has made a significant commitment to Ireland’s energy transition with a EUR125 million commitment to Foresight Energy Infrastructure Partners II (FEIP II), which will focus on renewable energy generation, energy storage solutions and grid infrastructure.
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6th June, 2024
Most political parties competing in the UK general election have pledged some form of sovereign wealth fund if they win power on June 4th, but like all manifesto commitments they are light on detail.
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5th June, 2024
*Bahrain’s sovereign wealth fund Mumtalakat may be a minnow compared to its Saudi, Emirati and Qatari peers, but is swimming towards stronger currents of capital with an agreement forged with the China Investment Corporation (CIC).
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4th June, 2024
The Oman Investment Authority (OIA) notched up a 9.95% return in 2023, compared to 8.80% in 2022, as its total assets under management surged by more than OMR1 billion (US$2.6 billion) to reach OMR19.24 billion (US$50 billion).
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3rd June, 2024
The decision by Saudi Arabia’s Public Investment Fund (PIF) to launch a rare sterling-denominated dual-tranche note offering suggests the sovereign wealth fund is resorting to international debt markets to fund the Kingdom’s Vision 2030 objectives – it’s total leverage is currently a little over 4% of total assets under management.
Subscriber Post
1st June, 2024
HOOPP is the pension plan for Ontario healthcare workers and has one of the highest funding ratios and performance, in terms of alpha, over the past ten years. This is largely in part to its unique portfolio approach and focus on liquidity management, which has allowed the fund to outperform its peers. We had the pleasure of speaking with HOOPP CEO, Mr. Jeff Wendling, about the fund’s past successes, current strategy, and future objectives.