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Showing 331 - 340 of 491 results for "Sovereign wealth fund"

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
... cover 69% of their estimated liabilities. For example, while the Future Fund is often lauded as Australia's sovereign wealth fund, in reality it has a much more restrictive role as its sole purpose is helping to provision for the $160 billion in DB liabilities ...

PROFILE: Industry Super Australia chief economist Stephen Anthony

DARREN SNYDER  |  FRIDAY, 1 JUL 2016
... years as a fiscal strategy specialist. "[At Treasury] I worked on such issues as the need or otherwise for a sovereign wealth fund; a review of public infrastructure in Australia; and also war gaming in a future economic downturn. [All] that work actually ...

Instos begin litigation against Volkswagen

DARREN SNYDER  |  FRIDAY, 24 JUN 2016
A firm with Australian origins is leading the funding for institutional investor litigation against Volkswagen AG, with the first of two suits filed in Germany this week. Bentham Europe, a subsidiary of Australian-founded Bentham Ventures, said global ...

Saudi sovereign wealth fund flags US$3.5bn Uber investment

MARK SMITH  |  THURSDAY, 2 JUN 2016
Saudi Arabia's sovereign wealth fund, the Public Investment Fund, has invested US$3.5 billion ($4.8 billion) in ride sharing app Uber. The company will use some of the money, likely in the region of US$250 million, to help it expand in the Middle East. ...

Equities out, alternatives in for pension funds

ALEX BURKE  |  THURSDAY, 26 MAY 2016
... favour of larger alternative... allocations," the report continued. The trend is even more marked in the sovereign wealth fund sector, where exposure to alternatives increased from 11.2% in 2011 to 13.5% in 2014. As a point of difference, though, equity ...

Three Aus funds awarded AAA climate rating

KERRIE SYDEE  |  MONDAY, 2 MAY 2016
Three Australian superannuation funds have received AAA ratings for their climate change risk management from the Asset Owners Disclosure Project's (AODP) 2016 benchmark index, The Global Climate 500 Index. Local Government Super and Australian Super ...

Future Fund keeps powder dry

MARK SMITH  |  FRIDAY, 22 APR 2016
... opportunities are more certain. Figures released in its recent update for the March quarter, show the $117 billion sovereign wealth fund has upped its cash weighting to 22.9% and decreased Australian equities to just 6.5% of the portfolio. Developed ...

Commodities slump stalling sovereign wealth growth

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
... forced to sell off assets to manage government deficits, slowing growth for the sector. The 2016 Preqin Sovereign Wealth Fund Review shows that while assets held in sovereign wealth funds collectively grew by $200 billion to hit $6.51 trillion in the ...

Economic uncertainty demands agile insto investment

WHITNEY FITZSIMMONS  |  FRIDAY, 8 APR 2016
New Research from State Street shows 'official institutions' like sovereign wealth funds (SWFs), central banks and government pensions are adapting their investment and operating models to be more agile. Titled 'Transforming to Meet the Needs of a New ...

Infrastructure pricing reshaping investment landscape

DARREN SNYDER  |  FRIDAY, 1 APR 2016
JANA senior consultant Susan Orr recently told the Conference of Major Superannuation Funds (CMSF) that there is plenty of dry powder among investment managers looking to invest in infrastructure. Yet one of the pitfalls in this environment is the impact ...