Weekend Giant Reading: January 16 – 19

Welcome to the weekend! Here’s some news for your reading enjoyment.


Welcome to the weekend! Here’s some news for your reading enjoyment:

- Governance Tip: How can public pension funds keep private equity talent for less than $200k per year? It’s simple. They can’t.

- Hostilities: The Qatar Investment Authority’s “hostile bid” for Songbird and Canary Wharf is likely to be rejected...again.

- Government Ventures I: China is launching a new government venture capital fund with $6.5 billion to support start-ups in emerging industries.

- Government Ventures II: Ireland is pulling together a new €85 million venture fund for life sciences.

- Trains: The China Investment Corporation is investing in Russian railways; specifically Moscow-Kazan, which could be the first step in a Moscow-Beijing high-speed rail route.

- The Fee Machine: “With hedge funds, you’re certain of the high costs but uncertain about the return...,” says the latest big pension to divest from the asset class.

- Selfie: Investors need to take their own innovation far more seriously than they have been. It’ll start with two little letters.

- Geographic Expansion: South Korea’s NPS will open its third overseas office in Singapore. (Here’s more information than you probably want on why Giants are expanding overseas.)

- Filling Buckets? The Canada Pension Plan Investment Board is putting $234 million into Chinese real estate developments.

- AuM: Clunky pension contribution rules mean that the increase in private placements in China is limiting inflows into National Social Security Fund.

Have a great weekend!