GIC evolves TPA in investment framework overhaul centred on economic drivers and flexibility

GIC has further refined its total portfolio appro
Continue Reading

A Top1000funds.com subscription unlocks the full article

Join the global institutional investment platform read by the world's largest asset owners, fund managers and consultants.

New here

Create an account

Complimentary to register. We'll verify your details and grant access to the archive, our newsletters and the Asset Owner Directory (enhanced features coming soon).
Register now
Already a member

Sign in

Already activated your account? Sign in to continue reading and access your saved articles, preferences and member-only content.

Leave a Comment

Future Fund: AI world order defined by US-China split will hurt capital owners

Future Fund: AI world order defined by US-China split will hurt capital owners

A geostrategic standoff between the US and China over AI would be “extremely damaging for capital owners” according to the Future Fund, Australia’s A$337 billion ($237 billion) sovereign wealth fund, which outlined four “secular scenarios” around AI and its investment implications.

Sort content by

Falling dollar dents Canadian pension returns; triggers hedging rethink

A weakening US dollar has eaten into the returns of Canada’s largest pension funds as annual reports revealed the currency shock forced a fundamental rethink from some investors around hedging practices. OMERS has pivoted from a policy hedging target to a more flexible approach fulfilling multiple objectives, while OTPP more than halved its US dollar exposure in 2025.

NBIM lays out case for real estate turnaround

Norge Bank Investment Management chief executive Nicolai Tangen conceded the $2.1 trillion fund is “not satisfied” with the performance of its real estate portfolio, as weakness in the asset class was a main contributor to three consecutive years of negative relative returns. All eyes are now on whether its overhauled strategy, which includes new structures and sector composition, can turn things around.

Dutch transition: APG leans into data, IT and communication

APG has successfully shifted its smaller pension fund clients to the new defined contribution pension system and now begins the huge task of moving the giant ABP as well. The defined contribution system has many implications including shedding more than 1000 staff at APG and moving investments more into riskier assets.

AP2: SEC ‘no-action’ rollback could send more shareholder proposals to vote

AP2 has voiced its concerns around what impact the shift in US shareholder proposal exclusions, or the so-called “no-action letter” change, will bring to sustainability-conscious investors, as the Swedish buffer fund gears up for a busy year of engagement in 2026.

Canada to allow retail contribution to new SWF

Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion ($18.3 billion) to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.

NPS raises hedging ratio as Korea’s capital outflows weigh on won

South Korean investors’ pursuit of offshore investments has become a significant source of won weakness and triggered a shift in hedging rules for the $1 trillion National Pension Service. With an overseas asset exposure greater than Korea’s national foreign reserves, NPS’ move demonstrates the scale of impact FX risks can have on portfolios.

Previous