The second meeting of the International Forum of Sovereign Wealth Funds (IFSWF) will take place in Sydney this week, with senior representatives from more than 20 funds discussing subjects including active versus passive investing and strategic challenges in post-crisis investment markets.
Mubadala grows in 2009
Mubadala Development, the strategic investment arm of the Abu Dhabi government, grew its total assets by 75 per cent to AED88.5 billion ($24.1 billion) in 2009.
Danish ATP on track for 5-year performance
The investment and hedging performance for the first quarter of this year means the DKK 660 billion ($114 billion) Danish ATP is on target to reach its five-year performance objective which will end this year.
Inflation/deflation continuum can plot holes
This paper by RogersCasey’s Ryan Dembinsky and Srivatsa Kilambi demonstrate the “inflation/deflation continuum” is a way of assessing an investment program’s vulnerability to the dual threats, and competing forces, of inflation and deflation. The paper presents a framework whereby investors can plot their existing asset classes and assess where there may be holes.
US funds look for more protection offshore
The trend away from US equities and various fixed interest products as interest rates risks increase is expected to continue, according to the latest Global Asset Flows Review from eVestment Alliance and Casey Quirk.
More beta, fewer managers, improves portfolio efficiency
A truly diversified portfolio will have 15 separate asset class allocations with an emphasis on beta opportunities and little to no reliance on active management, according to a Towers Watson’s model.
