SWIB’s priorities in a tougher investment landscape

After nearly a year at the helm, Edwin Denson, exe
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Could Norway’s SWF really disappear?

Could Norway’s SWF really disappear?

Rising geopolitical risks and an AI correction could severely impact the value of the $2.2 trillion Norwegian sovereign fund, according to its chief executive Nicolai Tangen, who went so far as to say the fund could "disappear." The warning is a stark one for the world's largest sovereign wealth fund, whose 70 per cent equity allocation leaves it heavily exposed to any sharp correction in global and particularly US tech markets.

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Investor support key to success for the International Sustainability Standards Board

Professors at Oxford University, Richard Barker and Bob Eccles, outline the key factors for success of the International Sustainability Standards Board, which was announced at COP26. They say investors need to visibly and vocally encourage both companies and regulators to support the ISSB. 

Bank of Ireland pensions’ CIO says regulations are killing liberal economies

"I wouldn’t dare tell a company how it should be run, they are the experts. Rather than tell a board how to behave I would rather have them compete," says Paul Droop, group pensions CIO of the Bank of Ireland who believes regulation is damaging free market competition in a worrying new shift that  poses the single biggest risk for investors.

Liquidity: too little or too much can harm your portfolio

The rising popularity of private assets has made liquidity risk a growing concern for institutional investors, who need to carry enough liquidity for possible downturns, but avoid the opportunity cost of carrying too much, says Michelle Teng, vice president of the Institutional Advisory and Solutions group at PGIM.

ADIA overhauls investment technology to tap alpha

The Abu Dhabi Investment Authority is introducing more technology in its own internal processes and is determined to become a more active - and reactive - investor. The fund’s decision to invest more in its own in-house technology came with the realisation that a slow down in its capacity to generate alpha was linked to a lack of investment in big data and AI.

CalPERS gets ready to settle discount rate and SAA

At US pension fund CalPERS' board meeting next week, the investment team hope to settle on a new discount rate and begin structuring a strategic asset allocation to support it. Leverage will be a key component of the fund's new approach.

Mega trend opportunity for active investors

Investing in mega trends like technology, demographics and sustainability involves abandoning the benchmark in the ultimate active portfolio.

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