7th November, 2022
Japan’s goliath US$1.34 trillion pension fund, the Government Pension Investment Fund (GPIF), has racked up an impressive performance in the face of major challenges, with a return for Q1-Q3 of the current calendar year of -3.8% - thanks to yen depreciation, a high allocation to fixed income and the Tosho’s relatively benign performance.
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19th October, 2022
Russia’s fiscal stabilization fund is increasingly being used to support the government’s “war economy” as sanctions bite.
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3rd October, 2022
A prospectus for a green bond sale has delivered the biggest insight into Saudi Arabia’s rapidly growing Public Investment Fund (PIF), in a region renowned for the opacity of its sovereign wealth funds.
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29th August, 2022
One of the world’s largest pension schemes, South Korea’s National Pension Service (NPS), released on Monday its latest results and the numbers are worrisome. In the first half of 2022, the investment manager had an investment return of -8.0%, translating into a loss of US$ 57 billion for South Korean pensioners.
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12th August, 2022
Korea’s state investors are pushing forward with their plans to boost allocations to private markets – and external managers are benefiting from the multi-billion dollar surge in sovereign cash.
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12th August, 2022
The Canada Pension Plan (CPP) has reported a 4.2% decline in its assets over the latest quarter to C$523 billion (US$410 billion) due to a net loss of C$23 billion, alongside C$7 billion in net transfers.
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1st August, 2022
During Covid-19, the NDFI played an important role in Iran as it supported the production of vaccines and stabilized capital markets. With assets of over US$ 140 billion, the fund is now ready for some changes including investments overseas. We had the immense pleasure of hearing about its latest developments and future plans from its Chairman, Dr. Ghazanfari.
27th July, 2022
The latest annual report by Singapore’s sovereign wealth fund GIC suggests the fund witnessed a sharp dip in performance in FY2021/22, with its highly liquid portfolio hit by the global market turmoil that followed the Russian invasion of Ukraine.
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22nd July, 2022
The performance of Dutch public pension funds has proven robust despite the impact of the Ukraine crisis on the European economy, but a sharp decline in yields across asset classes will challenge their ability to defend funding ratios while raising pensions in line with inflation.
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21st July, 2022
Following 18 months of rumor, the China Investment Corp (CIC) is merging CIC International and CIC Capital, bringing together overseas private equity and infrastructure operations merged into a single unit, according to Bloomberg.
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20th July, 2022
Healthy private equity returns helped the US$446 billion California Public Employees' Retirement System (CalPERS) beat its -7.0% benchmark return with a -6.1% net return on the financial year ending June 30.
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18th July, 2022
Japan’s JPY196.6 trillion (US$1.42 trillion) Government Pension Investment Fund (GPIF) weathered the geopolitical turmoil that rocked markets in the wake of the Russian invasion of Ukraine, reporting a mere 1.1% decline in the portfolio in the last quarter of FY2021/22, corresponding with Q1 of 2022.
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