AIMCo sheds more costs with NYC, Singapore offices the latest casualties

Just days after Alberta Investment Management Corp
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Asset Owner:AIMCo

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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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Future Fund flags expansion of active equity program

Emerging markets, Europe and Japan are all in focus for Australia’s sovereign wealth fund as it looks to ramp up active equities and diversify its exposures, as the fund grows wary of US markets amidst heightened political uncertainty.

Litigation, fees and structures: Why 401(k) plans won’t jump into alts, yet

President Trump has fired the starting gun on encouraging America's 401(k) plans to invest in private assets but corporate plans remain concerned about fees, structures and litigation. Meanwhile many DB funds are voicing their concerns about how it might impact access to investments, alpha, and change the asset class.

CPP hires former AIMCo Singapore head to bolster TPA 

After hiring former CalPERS' investment chief Ben Meng six months ago, Canadian pension giant CPP Investments has added another seasoned pension executive, Kevin Bong, to its investment team, in a sign that the C$732 billion ($530 billion) behemoth is staffing up to focus on alpha and enhance total portfolio management.

ACERA eyes global, more active approach for $6.6b equity portfolio

The $13.2 billion Alameda County Employees’ Retirement Association fund is planning a major overhaul of its equity portfolio, shifting from a passive US-focused approach to a more global, actively-managed strategy in an effort to boost returns. The shift will result in manager terminations and searches.

Accountability, performance at the heart of Temasek’s three-way split

Singapore’s Temasek has unveiled its biggest organisational overhaul in more than a decade, splitting its investment portfolio into three entities to “sharpen” investment focus, boost accountability and align performance metrics. It came as the fund targets a 60/40 split between the “resilient” and “dynamic” assets to weatherproof its portfolio.

NBIM divests firms linked to Gaza and West Bank crisis

Norway’s $2 trillion sovereign wealth fund has divested from US machinery manufacturer Caterpillar and five Israeli banks in its equity portfolio as it ratchets up pressure on firms contributing to rights violations in Palestinian territories.

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