Indonesia appoints Ray Dalio as advisor for new sovereign wealth fund
Launched in February, Indonesia’s Danantara is projected to manage more than $900B in assets from across the banking, energy and telecommunications sectors.
sovereign wealth fund
Exclusive: CIOs weigh in: tips for the USA on creating a sovereign wealth fund
The United States has about 90 days to create a sovereign wealth fund. As it forms, sovereign wealth fund chief investment officers offer advice on what works and what doesn’t, and what they will be watching for.
Exclusive: New Mexico SIC CIO Vince Smith, The Fund had an Oil Windfall, Now What?
Vince Smith, chief investment officer of the New Mexico State Investment Council, is in a very unusual situation. His inflows are actually exceeding his outflows by billions. The question is, what will he do with the extra money?
Vince Smith will be speaking at the Markets Group 9th Annual Southwest Institutional Forum in Santa Fe Oct. 29-30.
Qatar Appoints New Head of $450 Billion Sovereign Wealth Fund
Qatar’s ruler has appointed Sheikh Bandar bin Mohammed bin Saud Al-Thani as the chairman of the country’s $450 billion sovereign wealth fund, the Qatar Investment Authority (QIA).
Stephen Gilmore Chosen as CalPERS CIO
Could he be the answer the largest pension fund in the U.S. has been seeking for 5 years?
Saudi wealth fund in talks to buy national airline, Saudia
Saudi Arabia’s sovereign wealth fund, known as the Public Investment Fund (PIF), is reportedly engaged in discussions to purchase Saudia, the kingdom’s national airline.
Abang Rahmat Yusuf Assumes CEO Role at Sarawak Sovereign Wealth Fund
The Board of Guardians of the Sarawak Sovereign Wealth Future Fund has officially named Abang Rahmat Yusuf as its new chief executive officer, effective January 29 of this year.
PIF and Bahrain Mumtalakat Forge Strategic Partnership to Drive Investment Collaboration
PIF and Mumtalakat Holding Company, Bahrain’s sovereign wealth fund, have officially inked a memorandum of understanding (MoU) to strengthen collaboration.
Norwegian Sovereign Wealth Fund Reports Record $213 Billion Profit in 2023, Bouncing Back from Previous Losses
Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), celebrated a significant financial milestone as it reported a record-breaking profit of 2.22 trillion Norwegian crowns (approximately $213 billion) for the year 2023.
Vince Smith: Raised and Educated to Work at Public Pension Funds
New Mexico State Investment Council CIO reflects on
career, investment changes and millennials.