It’s the weekend. And I’ve got some news and research for your reading enjoyment.
First, here’s the news:
- Investment Beliefs: CalPERS’ released 10 new draft investment beliefs.
- LIA: The Libyan Investment Authority is back.
- Quote Du Jour: “Just 40 percent of Chinese insurers use risk management information in their planning processes.” Say what now?
- Human Resources: Australia’s Future Fund is streamlining its HR system.
- Deal Flow: Temasek sold its stake in Cheniere after the company’s stock price tripled.
- Portfolios: Foundations are shifting to alternative investments.
- Returns: New Mexico’s two SWFs returned 13 percent and 12 percent last year and now have assets of roughly $12 billion and $4 billion. Legit.
- Hedge Foundations: OTPP’s new CEO learned some tough lessons about hedge funds back when he used to run one... and it failed.
- AoG: Sign up for the daily brief. It’s pretty good.
Second, here’s some interesting research:
- Sven Grimm and Elizabeth Schickerling have a paper entitled, “The China-African Development Fund (CADFund) as a sovereign wealth fund for Africa’s development.” Looks good.
- Nadine Gatzert and Thomas Kosub have a paper entitled, “Investing in Infrastructure: Overview and Treatment under Solvency II.”
Enjoy your weekend!
