12th April, 2024
Canadian public pension fund CDPQ has published its full annual report and sustainable investment report, giving an insight into factors that supported and undermined performance in 2023 – revealing that its green assets supported growth, while private equity was hit by high financing costs.
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11th April, 2024
Singapore’s Temasek has opened a new office in Paris, a year behind schedule, as it seeks to advance its EMEA strategy, which has seen its exposure to the region grow five-fold since 2011, in Singapore dollar terms to S$47 billion or 12% of its portfolio by end-FY2022/23.
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10th April, 2024
Japan’s US$1.48 trillion goliath Government Pension Investment Fund (GPIF) has joined forces with Europe’s biggest public pension fund manager, the Netherlands’ US$562 billion APG, to surge into global infrastructure markets.
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9th April, 2024
Themes in the South Korean general election, taking place on Wednesday, have highlighted the cost of living, represented by the price of green onions which has soared in recent months – but the elephant in the room that the two main political parties have failed to address is the fact that Koreans born after 1990 are unlikely to receive a pension from the National Pension Service (NPS) when they turn 65.
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8th April, 2024
The China Investment Corporation (CIC) is reportedly in dialogue with Bahrain-based Investcorp to potentially back a US$800 million investment vehicle that will back pre-IPO Middle Eastern companies.
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5th April, 2024
Lunate Capital, a multi-asset class investment manager backed by Abu Dhabi sovereign wealth fund ADQ and seeded with US$50 billion, has conducted its first major transaction, acquiring a 40% stake in Adnoc Oil Pipelines from BlackRock and KKR.
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4th April, 2024
India forms a central platform for Mubadala’s objective of doubling its exposure in Asia by 2030 from 12% is in Asia in 2023 to 25%. While infrastructure has been the core focus of Abu Dhabi’s investment in India, the Emirate’s sovereign investment vehicles – Mubadala, ADIA and ADQ – are diversifying their private market portfolios.
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3rd April, 2024
After five years serving as NZ Super’s CIO, Stephen Gilmore is packing his bags for California where he is set to start his new job at the US$494 billion CalPERS, the US’s largest public pension fund and a massive step up from the US$70 billion New Zealand sovereign wealth fund.
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2nd April, 2024
The Gulf region’s sovereign wealth funds have pursued very different strategies towards the rise of electric vehicles.
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1st April, 2024
Aware Super is Australia’s third largest profit-for-member industry superannuation fund, with AU$ 175 billion (US$ 114 billion) under management on behalf of 1.2 million members and a brand-new office in London. We had the pleasure of speaking with its CEO, Ms. Deanne Stewart, about the fund’s strategy, future objectives, female leadership and how the industry needs to evolve to meet future retirement needs.
28th March, 2024
The UK’s biggest water utility, Thames Water, which is two-thirds owned by state-owned investors, looks set to be renationalized – at least temporarily – after its shareholders refused to throw it a financial lifeline.
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27th March, 2024
NZ Super’s Guardians have appointed Jo Townsend as CEO as the Crown entity enters a new era, in which it is showing increasing interest in originating its own direct investments and acquisition of foreign assets.
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