Norway Pension Giant Excludes 2 Firms for Alleged Human Rights Violations
A Norges Bank probe revealed cases of rape and harassment at plantations owned by France’s l'Odet and subsidiary Bolloré.
Asset Allocation
Saudi PIF Nets $17B in Gains in 2023, Reversing Prior Year Slump
The sovereign wealth fund’s assets grew to nearly $1 trillion.
CalPERS Increases Climate-Related Investments by Nearly $10B
Approximately half of the new investments will be in public equity, with the rest going into private markets.
Smart Money Portent? Bonds Are Gaining Allocators’ Interest
Meanwhile, allocators are moving out of stocks, which have been doing well lately, per a Nasdaq eVestment study.
Medical Technology and the Fight Against Cancer
Biomedical researchers are discovering drugs that improve patient care and although many needs remain unmet, investment opportunities emerge.
How Memorial Sloan Kettering Funds Its Cancer Fight
Under CIO Jason Klein, the celebrated hospital has leveraged its top-notch research and well-managed investments to produce still more breakthroughs.
How Investors Can Benefit From Energy’s Coming Changes
JPM’s Michael Cembalest explores opportunities as renewables rise, but fossil fuels will too as the population grows.
Gabelli’s Global Investing Game Plan: Go Big on US Stocks
For 3 of the asset manager’s top strategists, the notable exception is Tesla.
Australia’s Future Fund, QIC Buy 19.8% Stake in Toll Road Owner Connect East
Future Fund CIO Ben Samild said the deal is in line with the A$223.4 billion sovereign wealth fund’s strategy to increase its Australian dollar exposure.
Gap Narrowing Between Infrastructure Investments and Allocation Targets
Institutional asset owners are closing in on their infrastructure target allocations, research from Hodes Weill & Associates and Cornell finds.
Sovereign Wealth Funds Shift Into More Tech and Green Energy
The SWFs also are pushing more into real estate as valuations drop, report says.
NBIM Takes Stake in UK-Based Offshore Wind Project
The 37.5% stake in ’Race Bank’ is worth $419 million.
Home Bias: Do Canadian Pensions Need to Invest More in Canada?
Canadian lawmakers and business leaders criticize the country’s pension funds for not investing more domestically, but doing so could introduce risks, a new paper states.
Public Equities Spur 10.2% Return for University Pension Plan Ontario in 2023
The asset class gained 19.5% for the UPP investment portfolio after losing 14.1% a year earlier.
CalPERS Returns 3.3% in the First Quarter, Decreasing Size of Buyouts in Portfolio
Assets of the US’s largest pension fund reached $495.3 billion at the end of Q1 as the fund prepares to increase its allocation to alternatives.