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CalPERS’ Private Equity Overhaul Boosts Returns, Lifts Funding Ratio

15th July, 2026

The California Public Employees’ Retirement System’s 14.8% return was powered by equities, but its rebuilt private equity programme made the result stronger.

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Ireland Builds A Sovereign Wealth Machine On A Fragile Tax Base

10th July, 2026

Ireland has built a three-part sovereign capital model with a clear split between domestic deployment and fiscal protection, with the latest annual report by the National Treasury Management Agency (NTMA) offering an insight into how similar small European countries can punch above their weight when managing massive fiscal windfalls - as well as the risks.

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Temasek’s US$401bn Portfolio Reset Puts AI and Private Credit at the Core

8th July, 2026

Temasek’s full transition to mark-to-market has lifted its Net Portfolio Value to S$518 billion (US$400.8 billion), moving Singapore’s state investor into the world’s Top 10 sovereign wealth funds as it directs more capital toward AI, private credit and infrastructure.

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Japan's US$1.9trn GPIF Turns Equity Rally Into Bond Rebalancing

7th July, 2026

GPIF’s FY2025 result was a major rebound, but it did not mark a change in strategy.

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PIF’s Profit Rebound Exposes Pressure Behind Its New Portfolio Model

3rd July, 2026

Saudi Arabia’s Public Investment Fund had the kind of year that can be read two ways: strong headline profit and asset growth, alongside surging liabilities and a multi-billion-dollar comprehensive loss.

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Canada’s Pension Giants Pass Funding Test As Benchmarks Bite

26th June, 2026

Canada’s public pension model still looks sound, but FY2026 showed why these funds cannot be judged by headline returns alone.

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Canada’s best paid pension executive leaves OMERS for Temasek in London

11th June, 2026

The Chief Investment Officer of the Ontario Municipal Employees Retirement System (OMERS) announced today its departure from the fund, after 13.5 years at its London office. Ralph Berg will leave this month to join Temasek on July 1. OMERS’ CEO Blake Hutcheson will cover as Acting CIO, until a successor is found.

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NPS Turns Korean Equity Rally Into Allocation Policy

29th May, 2026

South Korea’s National Pension Service has turned its domestic equity problem into allocation policy, as it tries to balance political objectives with its commercial mandate while having considerable heft in local markets.

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ICD’s Record Year Puts Dubai’s Operating Companies At The Centre Of State Returns

26th May, 2026

Investment Corporation of Dubai ‘s2025 annual report has passed with limited public attention, but it gives a rare consolidated view of Dubai’s government-owned company network.

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CalPERS Scrutiny Opens Wider Questions Over Private Markets In State-Owned Capital

25th May, 2026

A participant-funded forensic report has turned CalPERS’ private market strategy into a wider test of public capital transparency, as it accuses the largest US public pension fund of weak oversight, opaque costs, benchmark problems and incomplete disclosure of private asset economics.

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OIA’s Record Profit Puts Oman’s State-Asset Reform Into The Returns Data

19th May, 2026

Oman Investment Authority’s 2025 results vindicate the country’s post-2020 sovereign structure with reported OMR2.9 billion (US$7.5 billion) in profit, assets of around OMR23 billion (US$59.7 billion) and a 14.6% annual return. This brought its annualised return over the past five years to 10.39% - the third-best performance among sovereign wealth funds, according to Global SWF data.

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Future Fund At 20: Birthday Numbers Show A Strong Fund And A Broader State Role

5th May, 2026

This week, Future Fund marked 20 years since the Australian government transferred the initial A$18 billion seed capital. The same day, the governing Board of Guardians released its March 2026 quarterly update showing the flagship fund at A$269.1 billion (US$192.2 billion), after a 0.6% gain in the quarter and an 11.7% return over 12 months, with total funds under management reached A$337.2 billion (US$240.8 billion).

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