Policy

Brazil Could Liquidate Sovereign Fund

Brazil is in the midst of painful recession, coupled with political troubles reaching the highest levels of government. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


factor based investing

BUYING: Smart Beta Dreams

Money managers are hustling to get a larger piece of the smart beta market, as hundreds of billions exit traditional mutual funds. Increasingly, sovereign wealth funds and pensions are using smart beta exchanged-traded funds or employing factor-based strategies in their portfolios, according to SWFI research. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers […]


Khazanah Nasional Formally Opens London Office

Malaysia’s Khazanah Nasional officially opened its London office. A unit called Khazanah Europe Investment Limited (KEIL) was created and will be the wealth fund’s operational headquarters for Europe. The office is located at The Shard, which is located in Southwark, London. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to […]


qatar

Reorg: QIA Shifts Internal Resources

The Qatar Investment Authority (QIA) has been undergoing reorganization, seeking to redo its asset allocation and analyze how it can group assets into different units with defined goals. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


World’s Largest Sovereign Fund Pursues Legal Action Against Volkswagen

The Financial Times is reporting that Norges Bank Investment Management (NBIM), the manager of Norway’s sovereign wealth fund plans to join a class action in German courts against carmaker Volkswagen AG in regard to the emissions scandal. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


China’s NSSF Preps for Growth

China’s National Social Security Fund Council (NSSF) is looking to gear up operations. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI – Movers and Shakers – May 11, 2016

Mackenzie Investments Hires BMO GAM Heavyweight as CEO Barry McInerney left his role as co-CEO of BMO Global Asset Management to become CEO of Canada-based Mackenzie Investments. McInerney replaces Jeffrey R. Carney, who was also co-president and CEO of IGM Financial. Mackenzie Investments is a subsidiary of IGM Financial. Carney has been appointed sole president […]


PROBE: U.S. DOJ Subpoenas Information from Citadel and KCG

Citadel LLC, a firm founded by billionaire Ken Griffin, has one of the largest private stock trading venues in the United States. It is known as an internalizer. The trading platform executes stock orders initiated by brokers against Citadel’s stock inventory. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to […]


Institute Fund Summit 2016 Asia – Singapore

Institute Fund Summit 2016 Asia opens, with SWFI President Michael Maduell giving a warm introduction to event MC Rachel Pether. The event was held April 25-26, 2016 at the Capella Singapore. More than US$ 2.5 trillion worth of public investor capital was in attendance. < PREVIOUS 1 of 20 NEXT > CONTACT INFORMATION Sponsorship Information […]


SWFI First Read, May 4, 2016

Cadillac Fairview to Spend C$ 21 Million in Redevelopment in CF Shops at Don Mills Toronto-based Cadillac Fairview, the real estate investment arm of Ontario Teachers’ Pension Plan (OTPP), invested C$ 21 million in CF Shops at Don Mills, an urban outdoor shopping and entertainment destination in Toronto. The funds will be used to upgrade […]


private equity investors

World Ocean Council Looking to Engage Investors

The World Ocean Council, a registered not-for-profit organization, issued a press release on May 1, 2016. World Ocean Council CEO Paul Holthus participated as a panelist at SWFI’s Institute Fund Summit 2016 Asia in Singapore. Link to release The press release states, “In the keynote interview at the Sovereign Wealth Fund Institute Summit (SWFI) – […]


Should Singapore’s GIC Continue to be Long on UBS?

Zurich-based UBS Group AG had a rough first quarter of 2016, as the bank’s net profit dropped heavily from the same period of last year. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Ireland

ISIF Backs Redevelopment of Dublin City University

The Ireland Strategic Investment Fund (ISIF) is partnering with the European Investment Bank (EIB) on a deal to support the redevelopment of Dublin City University. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


doha sovereign wealth fund

Major Gulf Sovereign Fund Retools Fund Manager Strategy

The oil crisis (for those who produce oil) has shed some light on the practices of Gulf sovereign investors. Sizable fund redemptions by SWFs occurred in 2015. For example, Northern Trust faced major outflows from several sovereign wealth fund clients, between March 2015 and March 2016. Plain-vanilla mandates are being challenged, can they be effectively […]


Mubadala Seeks to Raise Debt Capital

Abu Dhabi’s Mubadala Development Co. has hired a trio of banks for a bond sale. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Norway SWF Reports First Quarter Loss in 2016

Norway’s Government Pension Fund Global (GPFG), posted a -0.6% return for the first quarter of 2016, losing 85 billion NOK. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Maduell on CNBC: This is Where Sovereign Wealth Funds are Investing

This is an interview with Michael Maduell on Squawk Box via CNBC Asia. To play the VIDEO, go to CNBC Asia here CNBC interview: “More sovereign wealth funds are investing in real estate which is considered a more stable, long-term investment, says Michael Maduell from SWFI.” Date: April 27, 2016


Temasek Restructures Organization, Names Appointments

Singapore’s Temasek Holdings has realigned its organizational structure to address headwinds in global markets. According to a press release, CEO of Temasek International, Lee Theng Kiat, said, “On the institution front, we will use the opportunity to further build agility, alignment, and accountability, as we continue on our journey to being a high-performing global organisation.” […]


Oman SGRF Goes with Nasdaq BWise on ERM Offering

Oman’s State General Reserve Fund (SGRF) selected Nasdaq BWise to support their enterprise risk management (ERM) processes based on the principles of the COSO ERM methodology. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


The Most Lucrative Mandates from GPIF for FY2014

Japan’s Government Pension Investment Fund (GPIF) trimmed two members from its investment advisory committee. The committee is legally only allowed to have up to 11 members, which is overseen by Japan’s Welfare Ministry. Two members that were not renominated are Yasuhiro Yonezawa and Sadayuki Horie. On another note, see the most lucrative mandates by external […]