Hello, Stanford. Some news for you:
- Big Institutional Investors v. Republic Party.
- The Brunei Investment Agency is looking for deals in Malaysia.
- Australia’s Westfield launches $4.8 billion JV with the CPPIB.
- SOFAZ makes an official announcement about its intention to move into equities; hire external managers.
- South Australian Parliament has plans for a sub-national SWF from mining royalties.
- Where the Chinese SWF says ‘no’, the Chinese CB says ‘yes’. (European sovereign debt)
- The $71B Australian Future Fund only has $2B in Europe; 3% of portfolio. For a “diversified” investor, that’s _remarkably_ light.
- Korea’s NPS getting a taste of what it’s like to be CalPERS. All eyes on you!
- So you remember that $50B in new cash for the CIC that’s been all over the news lately? It’s wrong. Again.
- CalPERS actuary suggests lowering expected return. Good luck with that!
