SWFI – Sovereign Wealth Fund Institute

The CEO of Swedish buffer fund AP4 is leaving the pension fund. Mats Andersson spent nearly a decade at AP4 and has offered to stay until a permanent replacement is found, according to AP4’s website. Andersson was ranked #4 out of 100 in SWFI’s Public Investor 100 in 2015. An excerpt from the Public Investor […]

The Board of Directors of the Council of Institutional Investors (CII), a nonprofit association comprised of institutional investors that is heavily involved in the sphere of corporate governance and shareowner rights, appointed Ken Bertsch as executive director of the organization. He will start on March 15, 2016. Bertsch replaces Ann Yerger who exited in July […]

GIC Provides Debt Financing for Large Real Estate Investors in Australia [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Caisse de dépôt et placement du Québec (CDPQ) returned 9.1% for the calendar year ended December 31, 2015. The weighted average return on clients’ funds over four years equaled 10.9%. At year-end, CDPQ amassed C$ 248 billion in net assets versus C$ 159 billion in December 2011. View Institutional Investor Profile of CDPQ CDPQ is […]

JLL Separates CEO and President Role Jones Lang LaSalle (JLL) is dividing the role of president and CEO. Colin Dyer, who currently holds both roles, will become CEO only. Christian Ulbrich, currently chief executive officer for the EMEA region, will become JLL’s president in June 2016. Guy Grainer will become CEO of the EMEA region, […]

Magnus Eriksson, the current chief investment officer of Swedish buffer fund AP4, plans to leave the asset owner in June 2016. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

The Canada Pension Plan Investment Board (CPPIB) and Toledo-based Welltower Inc., an investor and operator in senior housing, formed a joint venture to acquire a 97.5% interest in a portfolio of six seniors housing properties in Florida, known as Aston Gardens. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to […]

Willis Towers Watson Names Tony Barber as Region Head of Australasia Tony Barber will join Willis Towers Watson as the firm’s regional head of Australasia. Barber will be leading the charge on delivering Willis Towers Watson’s services and solutions to clients in Australia and New Zealand. Before the formal appointment, Barber was the chairman and […]

As annual returns diminish and liabilities increase, asset owners such as U.S. public pensions are looking at ways to cut costs. External manager fee costs are exacerbated by more pensions allocating toward private markets versus public markets. 1. Transition Assets to Internal Management This is the path that most large asset owners, US$ 100 billion […]

The California Public Employees’ Retirement System (CalPERS) is moving forward on its US$ 1.9 billion acquisition of a Manhattan office property, 787 Seventh Avenue in New York City. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Standard Life Investments named a new head of ESG. This person replaces Guy Jubb who plans to retire on March 31, 2016. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Gary Dokes Leaves Arizona State Retirement System for Arizona Community Foundation The Arizona State Retirement System is losing its chief investment officer Gary Dokes to a local non-profit charity. Dokes has been hired as CIO of the US$ 760 million Arizona Community Foundation. Dokes will work with the foundation’s investment consultant firm Pavilion Advisory Group […]

The CEO of the largest asset manager in the world penned a letter to CEOs that make up large European corporations and S&P 500 companies. Larry Fink opined that corporate America and Europe, also throwing in politicians, need to focus less on “short-termism”. Here is the letter, BlackRock’s CEO wrote to these executives: — START […]

Korea’s National Pension Service (NPS) has named a new chief investment officer. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Craig Dawson will become head of Europe, Middle East and Africa (EMEA) at Pacific Investment Management Co. (PIMCO), effective July 1, 2016. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

China’s investment management industry continues to blossom with increased assets under management. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Quattrone Hands Keys to George Boutros Frank P. Quattrone is stepping down as CEO of Qatalyst Group, a mergers & acquisitions firm he formed in March 2008. Quattrone was the investment banker who took Cisco Systems and Amazon.com public in the 1990s. Quattrone will become executive chairman of the firm, while promoting long-time ally George […]

The California Public Employees’ Retirement System (CalPERS) has been earning fees by taking on counterparty risk. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Ssangyong Engineering & Construction Lands Big Singapore Project Ssangyong Engineering & Construction won a major mandate from Singapore’s Land Transport Authority on a subway construction project worth US$ 252 million in Singapore in partnership with Hyundai Engineering & Construction. Ssangyong Engineering & Construction will hold a 75% stake, while Hyundai Engineering & Construction will hold […]

Increasingly, Japanese pension investors are investing more into listed equities. Listed equities in Japan benefitted in 2015 from easy money policy from the Bank of Japan. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]