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Could Norway’s SWF really disappear?

Could Norway’s SWF really disappear?

Rising geopolitical risks and an AI correction could severely impact the value of the $2.2 trillion Norwegian sovereign fund, according to its chief executive Nicolai Tangen, who went so far as to say the fund could "disappear." The warning is a stark one for the world's largest sovereign wealth fund, whose 70 per cent equity allocation leaves it heavily exposed to any sharp correction in global and particularly US tech markets.

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AP2 continues sustainability journey with stellar returns and costs

Swedish buffer fund, AP2, has incorporated Paris-aligned rules into its benchmark construction for global and emerging market equities. This year it turns its attention to Swedish and Chinese equities. The moves come on the back of the best-ever half year return for the SEK421.2 billion fund and its lowest ever costs.

The power of organisational culture to navigate climate change

Marisa Hall argues that incorporating purpose and culture into business strategy makes an organisation more sustainable and resilient, and also equips it to deal with the complex challenges of climate change.

POBA performance reflected in funding level

The $15 billion fund for Korean public officials, POBA, has reached new heights including a diversified, resilient portfolio, full funding and a stellar return due to a global alternatives program. Amanda White spoke to CIO Dong Hun Jang.

Transitioning finance to finance the transition

World Benchmarking Alliance is developing a series of freely accessible benchmarks that take a systems lens to assessing private sector performance against planetary and societal needs, rather than performance relative to one another, or relative to past performance. Emilie Goodall explains.

Benchmark ranks pension funds on disclosure transparency

The Global Pension Transparency Benchmark, a collaboration between conexust1f.flywheelstaging.com and Toronto-based CEM Benchmarking, has revealed the need for serious improvement in pension transparency across the globe. Check out how funds ranked across 15 different countries on transparency of governance, performance, cost and responsible investing.

Why disclosure and communication are key to pension excellence

Comprehensive, holistic value disclosures and compelling communication are key benchmarks for pension funds. This has been confirmed by the first year experience working with leading global pension funds for the Global Pension Transparency Benchmark, a collaboration between Top1000funds.com and CEM Benchmarking. In year two, in recognition of this belief and communication excellence, we have decided to award bonus points to funds preparing Framework integrated annual reports. Mike Heale looks at four examples of pension funds already using the Framework.

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