ADIA looks to GM for economist
The Abu Dhabi Investment Authority has hired General Motors’ chief economist and director of global economic and industry analysis, Ted Chu, as its chief economist.
Denmark's ATP is awaiting a review that will report on the strength of its investment strategy, and suggest how to simplify reporting. But additional transparency must not hurt the future returns for members, warns Allan Japhetson, head of investment strategy at ATP.
The Abu Dhabi Investment Authority has hired General Motors’ chief economist and director of global economic and industry analysis, Ted Chu, as its chief economist.
The world’s second largest sovereign wealth fund, Norway’s Government Pension Fund Global, has experienced a material effect of the European sovereign debt challenges, a region where it holds more than half its equity holdings, and the BP oil spill.
The $32 billion United Nations Joint Staff Pension Fund has outperformed due to a commitment to active management, a willingness to invest away from the trending market, and a realistic target return.
The $300 billion China Investment Corporation (CIC) aims to sidestep official barriers to investing in the US by offloading its stakes in home-country banks. The proposal would see the sovereign wealth fund (SWF) relinquish responsibility for the Chinese government’s majority stakes in the country’s largest banks, such as Bank of China, the Financial Times reported.
As part of an increasing focus on emerging markets, APG Asset Management, has an increasing interest in emerging markets. As part of that strategy an office in Hong Kong employs 28 staff to cover the Asian region. Amanda White spoke to the president of APG Asset Management Asia, Fer Amkreutz, about the perils and profits
The International Forum of Sovereign Wealth Funds held its second annual meeting in Sydney last week. conexust1f.flywheelstaging.com reports on the meeting’s outtakes – including asset allocation and risk management implications.
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