Sovereign Wealth Fund Institute

Pre-Order Today and Save Money.
Release Date: Beginning of September 2010

Save 15% for non-SWFI Subscribers or Save 45% for SWFI Subscribers off the original price of US$ 850 when you Pre-Order before August 31, 2010.

Maintaining intelligence on sovereign wealth fund asset allocation is essential for all fund managers, firms seeking capital, investment advisors, institutional real estate professionals, institutional investors, placement agents, law firms, consultants and other investment professionals.

Our dedicated team of research analysts has contacted funds, governments, fund managers, and other industry professionals from around the world. We do this to ensure the information held in this year’s publication is comprehensive, relevant, and up to date.

Some topics covered include:

• 2010 & 2011 Asset Allocations of many SWFs
• Expert Commentaries
• Investment Trend Analysis
• Investment Holdings Analysis
• Future Asset Allocation Strategies
• Plus more…

[Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view site content.]

“The Alaska Permanent Fund Corporation Board of Trustees authorized a new asset allocation and approved a manager search during their regular meeting on May 20 and 21 in Anchorage.

‘We’re taking a fresh approach to how we view our asset allocation,’ said Michael Burns, CEO ‘We’re recognizing that some investments within an asset class may have more in common with other asset types with regard to expected risk and return. And since our goal at the highest level is to balance the risk and return of the total portfolio, it makes sense to segregate assets by their characteristics, rather than simply by type.’

The new asset allocation is as follows:

2% – Cash (investments with a duration of less than 12 months)
6% – Interest rates (government or government related bonds)
53% – Company exposure (stocks, corporate bonds and private equity)
18% – Real assets (Real estate, infrastructure and TIPS)
21% – Opportunity pool (includes absolute return and distressed debt)

The allocation includes real return mandates, a new asset allocation for the Permanent Fund. In the Fund’s absolute return mandate, managers generally focus on publicly traded assets, such as stocks and bonds. Under a real return mandate, managers would invest in the same range of assets as the Permanent Fund. They would be required to structure their portfolios to meet a 5% real return target with a same level of risk as the full Permanent Fund portfolio.”

read more: APFC

According to Emirates Business, ADIA “has started plans to enhance disclosure of its operations in line with an agreement with the IMF last week. But the giant sovereign wealth fund yesterday said transparency was also required by investment recipient countries as this would lead to better understanding with SWFs and allow them to play a more active role in global financial stability. ‘Adia has disclosed its broad asset allocation and is engaged in an ongoing process to enhance disclosure in all these areas, including compliance verification,’ said Hamad Al Suwaidi, Adia Director and Abu Dhabi Finance Department Undersecretary.”

read more: Emirates Business