Sovereign Wealth Funds
Alaska Permanent Fund plans to commit $1.2 billion to private equity, $1.1 billion to private income and $700 million to real estate.
Korea Investment Corp. said a 9.1% return in 2021, fueled by equity markets, lifted its portfolio value above $200 billion for the first time.
Steve Moseley will leave the Alaska Permanent Fund Corp. at the end of May, looking to continue his career in the private sector.
NZ Super hired Kevin Wong, dynamic asset allocation portfolio manager at Australian Retirement Trust, for a senior investment strategist role.
Australia's Future Fund reported a 1.5% decline for the three months ended March 31, lowering risk exposures to "moderately below" neutral.
Large institutional investors, including sovereign wealth funds, are moving toward less risky markets and strategies.
A series of text messages from Elon Musk with a managing director of Saudi Arabia's Public Investment Fund have come to light as part of a shareholder lawsuit.
Government Pension Fund Global had a $75.7 billion loss, equivalent to a -4.9% return, in the first quarter of 2022.
Russia's wealth fund is one of 18 financial entities targeted by New Zealand's government in its latest round of Ukraine-related sanctions.
Bahrain will resume making payments into its wealth fund as it looks to rebuild savings tapped to handle the impact of the pandemic.
