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

GIC has further refined its total portfolio appro
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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.

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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.

High-stakes succession at US Fed brings investors to crossroads

Donald Trump’s next appointee as the Federal Reserve chair will be a defining moment for global investors, potentially escalating current market caution into a widespread exit from US assets, warns leading Stanford economist and finance academic Ross Levine. He outlines how the choice would impact the US debt and currency.

GIC ups US equities allocation despite valuation worries

Singapore's GIC boosted its US equities allocation in the year to March 2025 despite the expectation that high valuations could "provide a challenging backdrop for forward returns”, according to the fund's latest annual report released on Friday. 

Sydney University’s private asset portfolio under scrutiny for defence ties

An external panel has recommended that Australia's Sydney University minimise investments in defence and security-related industries within its A$770 million ($510 million) private asset portfolio rather than divest and book a A$67 million loss. 

KIC eyes pivot to total portfolio approach in latest review

The $206.5 billion Korea Investment Corporation has become the latest asset owner weighing a shift into the total portfolio approach in an attempt to boost investment returns. After putting out an RFP for a consulting partner in May, it will conduct a review into early next year about TPA's feasibility.

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