Newsmakers
China to Raise Debt to GDP Ratio, Tighten Infrastructure Investments
Nation lays out investment blueprints to hedge against slowing economy.
Tag: China
Study: Paris Climate Agreement Would Hurt US Economy
EU analysis says US GDP would drop 3.4% by 2030.
Newsmakers
New York City is Worried About China, and the Fed
Deputy CIO fleshes out key concerns at meeting of five city pension plans.
Asset Allocation
LACERA Beefs Up Its Investment in Chinese Bioscience
First VC investment of 2019 helps the pension plan increase its exposure to the world’s fastest-growing healthcare sector.
Newsmakers
Davos Thought Leaders Optimistic on China’s Economy
A slowdown and trade war won’t derail world’s second-largest economy, they say.
IMF, OECD Global Forecasts Increasingly Downbeat
Decline in growth expectations coincided with start of US-China trade war.
Buy-Side Firms Feeling Less Rah-Rah About Economic Growth
Sentiment survey finds positive sentiment drops to 48% from 67%.
Newsmakers
San Francisco Retirement Plan Connects with China
Disclosures show SFERS has invested in two Chinese venture capital funds and another China-based fund focused on media and entertainment.
Newsmakers
Largest Sovereign Wealth Fund Takes $3 Billion-Plus Hit on Apple Shares
The tech giant’s Q1 sales warning sends Norway’s Government Pension Fund Global’s near $10 billion investment for a loop.
European Central Bank Projects Global Growth to Slow in 2019
Report says US-China trade tariffs are weighing down global economic activity.
Newsmakers
Canada’s Machin Staying the Course with China Despite Tension
Pension board CEO says it will stay cool-headed amid Beijing’s threats over Canadian arrest of tech heiress.
Chinese VC Investments Tops US for First Time
‘Red unicorns’ take in $56 billion in first half of 2018.
New CalPERS CIO Can’t Start Until January
Yu Ben Meng’s start date is being held up by the Chinese government, which could delay a vote on the launch of a $20 billion direct private equity investment organization.
Market Moves
FTSE Russell to Add China A-Shares to Global Indexes
Move expected to bring initial passive inflows of $10 billion.
China Investment Corp.’s Fixed Income, Absolute Return Head Quits
Fan Hua’s departure from the $930 billion sovereign wealth fund makes her the third executive to leave this year.