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

University of Sydney

An external panel has recommended that Australia's
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Future Fund sees EM shifts widening alpha opportunities; CEO to depart

Future Fund sees EM shifts widening alpha opportunities; CEO to depart

Australia’s Future Fund has highlighted strong performance in global equities, particularly in Japan and emerging markets, as a key return driver for its last reporting period. Despite increased concentration in EM indexes, new CIO Richard Brandweiner said it could lead to more alpha opportunities. Meanwhile, CEO Raphael Arndt said the time has come for a “fresh leader” to steer the fund as he prepares to close out a close to two-decade tenure with the $255 billion investor.

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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. 

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.

Real assets, public equity the key as Oregon PERS gets climate mandate

The US state of Oregon is on the cusp of passing a legislation that will require the $100 billion Oregon Public Employees Retirement System to invest in clean energy wherever possible as it aims for a net-zero portfolio by 2050.

Mega pools: Brunel and ACCESS become casualties in ongoing LGPS shake-up

Brunel Pension Partnership, renowned for its leadership in sustainable investment, and ACCESS have been told to merge with other LGPS pools in the latest step on the UK government's quest to create mega pools and boost investment in so-called productive assets.

Texas politicians reinstate BlackRock as manager’s ties to the state grow

Public funds in Texas can work with BlackRock once again after legislators removed it from a blacklist of companies accused of "boycotting" the oil and gas industry. The decision comes as Texas's administration found alignment with the asset manager which backed key economic initiatives including the Texas Stock Exchange.

Institutional investors pressure Elon Musk to get back to work

In a ratcheting up of investor pressure, Tesla shareholders including prominent European and US pension funds have this week demanded that Elon Musk dedicate at least 40 hours a week to managing the EV company. They also called on it to address “deficiencies in the board’s oversight of company leadership".

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