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Showing 201 - 210 of 514 results for "sovereign wealth"

200% more ESG investments from sovereign funds

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
New data suggests sovereign wealth funds globally increased their commitments to ESG investments by 215.27% between 2020 and 2021. The amount sovereign wealth funds have invested in ESG strategies surged from US$7.2 billion to $22.7 billion. Over the ...

NZ Super awards passive ESG mandates

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
... Fund was established to help smooth the future cost of providing superannuation to every New Zealander. As a sovereign wealth fund with a long-term investment horizon, we aim to build trusted long-term relationships with our investment managers." "We've ...

Charter Hall, GIC drop $335m on Canberra office building

CHLOE WALKER  |  TUESDAY, 7 DEC 2021
Charter Hall and Singapore sovereign wealth fund GIC have co-purchased 50 Marcus Clarke Street in Canberra's CBD for $335 million. The joint venture will see GIC acquire the vast majority of the property (95%), with Charter Hall to own the remaining ...

Largest asset owners grow: WTW

JAMIE WILLIAMSON  |  WEDNESDAY, 24 NOV 2021
... their total assets by 15.7% last year to US$23.5 trillion. About 58% of this is held by pension funds, 34.7% by sovereign wealth funds and 7.2% by Outsourced Chief Investment Officers and Master Trusts. Australian institutional investors account for ...

Future Fund hires chief economist

ANNABELLE DICKSON  |  WEDNESDAY, 24 NOV 2021
The $199 billion sovereign wealth fund hired from Wellington Management for its inaugural chief economist. Toby Johnston will commence the role on January 27 and will report directly to the Future Fund's chief investment officer Sue Brake. He will lead ...

BlackRock Australia expands client distribution team

CHLOE WALKER  |  THURSDAY, 18 NOV 2021
... team based in Melbourne, where she will be responsible for developing and maintaining relationships with local sovereign wealth funds, government agencies and superannuation funds. Ortega joins from J.P. Morgan's London office and brings over 10 ...

Former Women in Super chief joins AIST

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
... Goldman Sachs Asset Management in London where she worked with Northern European and Middle Eastern pension and sovereign wealth funds. Buckley was also a private banking relationship manager at Coutts and a foreign exchange associate at Banco Atlantico. ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... performance fees incurred. In the latest financial year results, three out of four areas drove up costs for the sovereign wealth fund: agency remuneration (up 16%), consultant fees (up 22%) and agency operations (up 28%). Contract costs with investment ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion. "After the exceptional 22% return in 2020-21, the Future Fund continued to grow in the September 2021 quarter. Delivering a 10-year return of ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... commercially sensitive information. The Senate Committee report released this week on disclosure obligations for the sovereign wealth fund recommends it be exempt from disclosing asset prices so as not to undermine its ability to compete on the global ...