Public Pension

National Council for Social Security Fund Awards Four Custodial Mandates

China’s National Council for Social Security Fund has awarded a number of mandates to custodial banks. The mandates are for the basic insurance pension fund. The four banks that won the mandate to be custodial banks for the basic insurance pension fund are: Bank of China, Industrial and Commercial Bank of China (ICBC), China Merchants […]


Dallas Mayor Wants to Halt Pension Withdrawals

Dallas Mayor Mike Rawlings, in a bid to preserve the Dallas Police and Fire Pension Fund, has called for the halting of lump sum withdrawals from the pension. The mayor penned the letter to the Board of the Dallas Police and Fire Pension Fund. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. […]


Lou Jiwei Becomes Chairman of NSSF

Lou Jiwei is not done serving his country. The former Finance Minister of China was named the fifth Chairman of the National Council for Social Security Fund (NSSF). Lou Jiwei replaces Xie Xuren, who was the Chair of NSSF since 2013. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to […]


CalPERS Reduces Ownership in TOBAM, While Amundi Increases

Amundi increased its ownership stake in Paris-based TOBAM, formed in 2006 by Yves Choueifaty, by acquiring shares from other shareholders such as the California Public Employees’ Retirement System (CalPERS). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


OTPP and USS Buy U.K. Crematoria Developer and Operator

The business of death in the United Kingdom appears to possess characteristics such as a resilient operating model (death is certain for all humans) and stable revenue generation. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Institute Fund Summit 2016 Europe – Frankfurt Slider10

Epic panel on decarbonization of institutional investor portfolios being discussed by professionals from Willis Towers Watson, European Investment Bank, Sweden’s AP4 and Mercer. < PREVIOUS 11 of 20 NEXT > CONTACT INFORMATION Sponsorship Information Carl Linaburg clinaburg(a)swfinstitute.org General Information events(a)swfinstitute.org Membership Information vberretta(a)swfinstitute.org


Institute Fund Summit 2016 Europe – Frankfurt Slider6

The Power of Smart Beta. Mark Mansley of UK Environment Agency Pension Fund moderates this factor-based strategy panel. Salman Ahmed of Lombard Odier Investment Managers talks about fixed income smart beta, while Zwickel of S&P Dow Jones Indices provided a colorful definition of smart beta. < PREVIOUS 7 of 20 NEXT > CONTACT INFORMATION Sponsorship […]


Institute Fund Summit 2016 Europe – Frankfurt Slider4

Institutional investors in the room perk their ears when figures are read. Patrick Daniels, Partner at Robbins Geller Rudman & Dowd, interviews German law expert Klaus Nieding of NIEDING + BARTH. < PREVIOUS 5 of 20 NEXT > CONTACT INFORMATION Sponsorship Information Carl Linaburg clinaburg(a)swfinstitute.org General Information events(a)swfinstitute.org Membership Information vberretta(a)swfinstitute.org


SWFI First Read, October 30, 2016

Social Video Software Company Wochit Raises Money Increasingly, digital publishers are relying more on video production; however, videos can take more time to produce compared to written content. Startup company Wochit, which is based in New York City, is a video software company. Wochit raised US$ 13 billion in its latest funding round from a […]


bcIMC and ATL Partners Invest in Pilot Freight Services

Large Canadian pensions are searching for deals in the logistics space. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Chinese Fund Managers to Get First Crack at Expanded NSSF Mandates

China’s National Council for Social Security Fund (NSSF) could be overseeing more retirement assets by the start of 2017. This would be a significant boost for the Asian asset management industry. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


SWFI First Read, October 27, 2016

BOOM: ATP Generates 5.8% Quarterly Return on its Return-Seeking Portfolio Denmark’s ATP Group generated a 5.8% quarterly return on its return-seeking portfolio the period ended September 30, 2016. ATP’s assets grew to 805.7 billion DKK (US$ 121.3 billion) for the same period. ATP has a massive hedging portfolio and a return-seeking portfolio. A major contributor […]


PIMCO Renews IM Services Outsourcing Relationship with State Street

Newport Beach, California-based Pacific Investment Management Company (PIMCO), which has some US$ 1.55 trillion in assets under management, has renewed its investment manager services outsourcing relationship with State Street. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


GPIF Hires Executive of External Managers for Public Markets

Japan’s Government Pension Investment Fund (GPIF) continues to build out its internal team, as the mega public fund shifts more towards listed equities. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


CIO Lee Partridge to Exit Salient Partners

Houston-based Salient Partners, L.P. undertook a company restructuring. Rusty Guinn, Salient’s deputy chief investment officer will become the firm’s executive vice president of asset management and W. Ben Hunt, Ph.D., previously chief risk officer, as Salient’s chief investment strategist. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. […]


Nicole Musicco to Become SVP of Public Equity at OTPP

The Ontario Teachers’ Pension Plan (OTPP) is promoting Nicole Musicco to be senior vice president of public equities. She is currently Regional Managing Director, Asia Pacific for OTPP. Musicco helped establish the Asia-Pacific office in Hong Kong. She will be returning to Toronto effective January 1, 2017 to take on this role. Musicco started with […]


texas

Zimmerman Exits UTIMCO

Bruce Zimmerman, the Chief Executive Officer and Chief Investment Manager of The University of Texas Investment Management Co. (UTIMCO) is stepping down after nearly a decade. Zimmerman was hired in 2007 as the CEO and CIO of UTIMCO. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Index Providers Spend Money on Green

Demand for ESG (Environmental, Social and Governance) data is growing, as more asset owners, such as public pensions, adopt these screens into their investment process. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Press Release – Public Investor 100 Rankings Released for 2016

FOR IMMEDIATE RELEASE 4 October 2016 SEATTLE, WA, UNITED STATES Press Inquiry: vberretta@swfinstitute.org SEATTLE, WA. – 4 October 2016 – The Sovereign Wealth Fund Institute (SWFI) has just released its fourth annual Public Investor 100. The list includes the most significant and impactful public investor executives of 2016. The top 100 ranking assembles the most […]


Ted Eliopoulos Takes #2 on Public Investor 100-2016

SWFI Staff has released the Public Investor 100. He ranks 2 out of 100 for the SWFI Public Investor 100 – 2016. To see the full rankings Ted Eliopoulos holds the pinnacle investment spot at the California Public Employees’ Retirement System (CalPERS). The calm, well-mannered CIO started at CalPERS back in 2007 as a senior […]