4th March, 2024
South Korea’s massive US$800 billion National Pension Service (NPS) could be reversing its global diversification push with reports that it will plunge KRW11 trillion (US$8.2 billion) into domestic public equities, after reporting its best ever annual return.
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28th November, 2023
The world’s biggest sovereign wealth fund looks set to enter the private equity market for the first time, under the direction of former hedge fund manager CEO Nicolai Tangen.
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10th November, 2023
Quebec’s public pension fund CDPQ is set to join the federal-level CPP Investments in selling weighty secondary portfolios to free up liquidity towards new priorities.
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27th October, 2023
Australia’s Future Fund reported a negative return of 0.5% in Q3 with A$900 million wiped off the value of the sovereign wealth fund to A$205.2 billion (US$130 billion) – but its 12-month return was a positive 6.3% amid heightened volatility.
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9th June, 2023
The latest annual results of Canada’s federal-level public pension funds are now out and depict a significant difference in performance between the Canada Pension Plan Investment Board (CPP Investments) and the Public Sector Pension Investment Board (PSP Investments) – with infrastructure proving crucial to achieving higher yields.
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22nd May, 2023
Abu Dhabi’s Mubadala reported a 2.9% drop in assets under management to AED1,015 billion (US$276 billion) in 2022, the largest contraction since 2014, but its -3.1% single-year return outstripped the benchmark and industry average (-8.1%)
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24th April, 2023
CDPQ’s decision to deploy US$11.2 billion in European private markets via an expanded London-based team follows a trend among Canada’s Maple 8 public pension funds seen in recent years.
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19th April, 2023
One of the US’s biggest sovereign wealth funds is set to end investments in its home state, citing the potential for conflicts of interest and lack of sufficient opportunities.
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12th April, 2023
Norway’s US$1.35 trillion sovereign wealth fund, the Government Pension Fund Global, could start investing in private equity, potentially funneling billions into the asset class - but even if Norges Bank Investment Management (NBIM) agrees to a government request to examine "various aspects of unlisted equities”, any deployment is likely to be gradual and conservative.
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24th March, 2023
Canada’s US$129 billion Alberta Investment Management Corporation (AIMCo) is planning a push into the Middle East with a potential new office in Abu Dhabi.
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27th October, 2022
The Abu Dhabi Investment Authority (ADIA) has finally published its 2021 annual report, indicating strong annual returns supported by surging public equities that lifted its 20-year annualized rate from 6.0% to 7.3% - although the world since end-2021 has transformed and the situation is significantly different 10 months on.
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12th September, 2022
New Zealand’s sovereign wealth fund, NZ Super, witnessed a -10.7% return in the first half of 2022, according to Global SWF calculations, as the decline in equities wiped NZ$5.6 billion (US$3.4 billion) off its portfolio value.
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