The largest sovereign wealth fund in the world, Norway’s Government Pension Fund Global, resembles an index fund and is not making the most of its tracking error boundaries according to a review of the active management of the fund by a team of specialists who recommended more clarity of mandate.
Henry Jones, who will resign as president of the CalPERS board on January 21, leaves behind a new mindset at the fund of tackling big systemic issues including sustainability and racism.
Climate action failure tops the World Economic Forum’s Global Risks Report 2022 as the number one long-term threat to the world. The pandemic has added further complication with the resulting divergent economic recovery threatening the collaboration needed on climate and other global challenges.
Looking back over the last year, some of the most popular stories include news of our Global Transparency Benchmark, a collaboration between Top1000funds.com and Toronto-based CEM Benchmarking; an interview with AIMCo's Amit Prakash on restructuring at the fund, and insight into how Bridgewater invests for impact alongside return.
New Zealand Super just returned its best-ever result of nearly 30 per cent. In addition to the gains from its overweight position to equities the fund also fully hedged the currency. Amanda White explores the fund’s strategy and the risk budgeting review currently under way.
Amanda White, director of institutional content at Conexus Financial, dives into the past, present and future of responsible investment with PRI’s founding executive director, James Gifford, and current outgoing CEO, Fiona Reynolds.
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