Sovereign wealth funds have captured the imagination of investment professionals and politicians alike over the past few years. Perhaps because of the large sums of money at their disposal, there has been a degree of wariness about the intentions of some. Most, after all, are controlled by governments.
CIC sails through global rough seas
Stronger governance, management infrastructure and risk management have steered the China Investment Corporation through the global financial crisis and emerge with a large buffer of cash, the annual report says. Towers Watson’s alternative fee model for private equity
For VFMC, alternatives boom in the gloom
The $31 billion Australian government-backed asset manager, VFMC, has reaped big rewards from its belief in the hedge fund managers it backed five or more years ago, reports Simon Mumme.
Florida romps in for its retirees
The $109 billion Florida Retirement System has returned its best fiscal year return for 25 years, as the fund prepares to combine its foreign and domestic equities investments.
Keynesians and Austrians slug it out in debate
There are two very different schools of thought on how to exit from the economic crisis. Rob Prugue, senior managing director from Lazard Asset Management Asia Pacific, discusses what investors need to understand from these two diverging economic views.
