1st November, 2024
The HSF is Latin America’s second largest sovereign fund, and it has provided a sizable fiscal and external buffer, while accumulating savings for future generations of Trinidadians. We were delighted to speak with Mr. Ewart Williams, Chairman of the Board of HSF and Dr. Dorian Noel, Deputy Governor of the Central Bank of Trinidad & Tobago (CBTT).
1st October, 2024
Bahrain may be the smallest country in the GCC in terms of population and economy, but its Sovereign Investment industry is well developed, with two active SWFs: one for stabilization and savings function (Future Generation Reserve, or FGR) and another one for strategic and development purposes (Mumtalakat). The FGR had been a relatively low-profile SWF until 2020, when the government of Bahrain withdrew US$ 450 million, or half of its assets back then, to maintain economic stability. The withdrawal was followed by a change in the deposit rules, and the fund has been growing again thanks to new inflows and strong investment returns.
1st September, 2024
ART was born in February 2022 following the merger between SunSuper and QSuper, the largest in the history of Australia’s superannuation industry. The fund continues to grow with over US$ 200 bn and 2.4 mn members, and it recently announced the proposed merger with another fund, Qantas Super. We were delighted to speak with ART’s Head of Investment Strategy, Andrew Fisher, about the fund’s plans and goals.
1st August, 2024
PSP Investments manages the pensions of the members of the public sector pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police, and the Reserve Force. In March 2023, PSP was also appointed as the investment manager of the newly established CA$ 15 billion (US$ 10.8 billion) Canada Growth Fund mandated to help Canada speed up the deployment of clean technologies. PSP has maintained an impressive performance in the past decade, and we were delighted to speak with its CIO, Mr. Eduard Van Gelderen, about the fund’s strategy and objectives.
1st July, 2024
One of the leaders of this year’s assessment is the New Zealand Superannuation Fund (NZ Super), which has for the past two years achieved a perfect score and is usually cited as an example of best practices globally.
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.
1st May, 2024
AP7 is the state alternative to the private investment funds offered within the Swedish premium pension system. The fund has been the best performing State-Owned Investor globally in the past decade, and recently announced plans to increase the allocation to alternative asset classes from 4% up to 20% of the portfolio. We had the pleasure of speaking with its CEO, Mr. Pål Bergström, about the fund’s success, strategy, and future objectives.
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.
1st March, 2024
With a population of less than a million people, Bhutan is known for its mountains, monasteries, and the thunder dragon (“druk”) featured in its flag. Its Sovereign Wealth Fund, Druk Holding & Investment (DHI), manages some of the country’s national champions and also invests in international securities and digital assets. We had the pleasure of speaking with its CEO, Mr. Ujjwal Deep Dahal, about the fund’s strategy and future objectives.
1st February, 2024
The maharlika (freedman) were feudal warriors in Luzon, the Philippines, and the term comes from Sanskrit, meaning man of wealth, knowledge, or ability. And this is exactly what Maharlika Investment Fund, the country’s new SWF, intends to do by managing intergenerational financial assets and advancing long-term development goals. We had the pleasure of speaking to its newly appointed CEO, Rafael Consing, about the fund’s background and prospects.
1st January, 2024
For its 25+ years of global investing and stewardship, for its position as one of the world’s largest and most influential universal asset owners, for its significant activity across asset classes and industries in 2023, and, more broadly, for its leadership among Sovereign Wealth Funds and contribution to the advancement of the industry, Global SWF believes that Norges Bank Investment Management (NBIM), on behalf of the Government Pension Fund Global (GPFG), is a worthy recipient of the 2023 Fund of the Year award. We were delighted to present it to Daniel Balthasar and Pedro Furtado Reis, the Co-CIOs of the US$ 1 trillion listed equities portfolio, and to speak with them about the fund’s recent evolution and ambitions.
1st December, 2023
The Indonesia Investment Authority (INA) may be still young, but it is making strides in the SWF world with a rising AuM and a busy investment activity in Indonesia’s most important industries. We had the great pleasure of speaking with the inaugural Chief Risk Officer of the fund, Ms. Marita Alisjahbana, about the fund’s current state of play and future strategy.