Sustainability Digital 2020 Live Stream

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Mubadala, GE set to make first JV co-investments

Abu Dhabi’s $14 billion Mubadala Development Company and General Electric (GE) are on the verge of making their first co-investment under the $8 billion financial services joint venture created in June. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

FRR joins oil payments transparency initiative

France’s 28.8 billion ($41.7 billion) Fonds de Reserve Pour Les Retraites (FRR) has joined more than 80 institutional investors globally in becoming a signatory to an initiative aimed at strengthening transparency in the extractive industries sector through disclosure around company payments and government revenues from mining, oil and gas. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

California passes placement agent disclosure bill

In the latest chapter regarding the role of third-party placement agents, the California Senate has passed a bill supported by the state’s largest pension fund, CalPERS, aimed at increasing transparency around the fees paid to these agents doing business with public pension plans. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

The scientific side of the active/passive debate

The recent decision by Norway’s SWF and some large US pension funds to explore their active management allocations, reported last week by conexust1f.flywheelstaging.com, reflects the re-ignition of the age-old active versus passive debate. But according to the scientifically-based INTECH, if maths prevails, it is an argument that is dead in the water. Amanda White spoke

CPPIB consortium purchases Skype majority

The C$116 billion ($105 billion) Canadian Pension Plan Investment Board is part of an investor group led by private equity technology-specialist, Silver Lake, that has purchased a majority-stake in Skype Technologies from eBay, and “plans to build the company into a core internet franchise at huge scale”. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

UK’s Lothian Pension Fund boosts alternatives

The £2.3 billion ($3.7 billion) Lothian Pension Fund, part of the Scottish Local Government Pension Scheme, has overhauled its investment strategy, increasing its alternatives weighting to more than one third of the total fund, after poor performance in financial year 2008-09 wiped 17 per cent off the fund’s value. mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

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