1st October, 2021
In 2020, the impact of COVID-19 was felt among investment managers across the world and AIMCo was no different, incurring large losses. Since then, in an attempt to pursue stability and sustainability, the Alberta-based organization has appointed a new CISO, CRO, CFO, and on July 1 this year, a new CEO. As a result of some of these efforts, the fund enhanced its result in Global SWF’s GSR Scoreboard, from 84% in 2020, to 92% in 2021. We had the great pleasure of hearing more from Mr. Mark Prefontaine, AIMCo’s Chief Client & Stakeholder Relations Officer.
30th September, 2021
Canadian public pension fund Ontario Teachers’ Pension Plan (OTPP), with AUM of C$221.2 billion (US$173 billion), is planning to more than triple its allocation to venture capital to up to 10% by 2026. As a result, it will ramp up its investments in startups by at least US$12 billion.
29th September, 2021
Canadian public pension funds have been among the leaders in seeking to decarbonize their portfolio and Canada’s second biggest fund - Caisse de depot et placement du Quebec (CDPQ) - is taking it a step further by pledging to divest C$3.9 billion (US$3.1 billion) of oil assets by end-2022.
28th September, 2021
The merger of Australia’s QSuper and Sunsuper creates the country’s second biggest public pension fund with AUM of US$152 billion and two million members, sending the combined entity up the global league table to 22nd place, between Denmark’s ATP and behind Canada’s BCI and PSP Investments.
27th September, 2021
The Sovereign Wealth Fund industry has experienced a dramatic growth in capital and sophistication since the Global Financial Crisis in 2008. During the past 13 years, 62 new SWFs have been established (38 of them with a strategic function), and the industry’s AUM has tripled from US$3.4 trillion to US$10.3 trillion.
25th September, 2021
Abu Dhabi Inc is taking a big interest in Turkey with plans for “billions of dollars” of investment in the country by the Emirate’s sovereign wealth funds.
23rd September, 2021
The Qatar Investment Authority (QIA) is in discussions with the Rwandan government on setting up the headquarters of its future fund for sub-Saharan Africa in the small but rapidly developing African state, according to Africa Intelligence.
22nd September, 2021
Singaporean state-owned investor Temasek has made a takeover offer for the troubled offshore oil platform and ship producer Sembcorp Marine, after increasing its shareholding by 4% to 46.6% and triggering an obligation to make a bid for the shares it does not own.
21st September, 2021
While sovereign wealth funds are poised to invest more funds in green bonds to extend their ESG credentials in fixed income, Saudi Arabia’s Public Investment Fund's portfolio companies are issuing their own green bonds to support the fund's domestic economic development plans.
20th September, 2021
Earlier today, Transurban announced that it would acquire the remaining 49% in WestConnex along with a group of State-Owned Investors including AustralianSuper, ADIA, CPP and CDPQ. The NSW Government expects to receive US$ 8 billion for the privatization, which will use to keep fueling NGF’s growth. So, in a way, NSW keeps benefitting from its relationship with Québec’s government, QGF and, ultimately, CDPQ.
17th September, 2021
Abu Dhabi sovereign wealth fund is scaling up its plans under the UAE-UK Sovereign Investment Partnership (UAE-UK SIP) with the GBP5 billion (US$7 billion) investment framework agreed in March boosted to GBP10 billion (US$14 billion) over the next five years under a deal signed this week in Downing Street.
16th September, 2021
Indian public equities are firm favorites over Chinese A-Shares among sovereign investors, although there is a wide difference with the Abu Dhabi Investment Authority (ADIA) increasing its Chinese holdings and Singapore’s GIC’s firmly preferring India, according to the latest research by Global SWF.