Amazing leadership on fiduciary duty here: If you’re renting your shares to hedge funds to short your own stocks (already a questionable choice) then you can’t vote your shares. So… GPIF isn’t renting’em because it...
Read moreFirst State Super Fee Adjustment
First State Super delivers some precious risk-free returns to its members… 😉 Industry fund cuts fees, Financial Standard Ashby Monk (@sovereignfund)
Read moreIndonesia to Explore New Sovereign Wealth Fund
Abu Dhabi has inspired Indonesia to explore a new SWF of its own. Indonesia, UAE explore establishment of sovereign wealth fund, Antaranews.com Ashby Monk (@sovereignfund)
Read moreNo Sovereign Wealth Fund in Macau
No SWF for you. Government formally withdraws ‘sovereign wealth fund’ bill, Macau News Ashby Monk (@sovereignfund)
Read moreCanada Pension Plan First Infrastructure Investment in Indonesia
Canada Pension Plan will make its first big infrastructure investment in Indonesia. CPPIB to make first infrastructure investment in Indonesia, Pensions&Investments Ashby Monk (@sovereignfund)
Read moreHedge Funds to Use Biometric Data
45% of hedge funds have plans to use biometric data to make investment decisions next year, which is fairly creepy. Hedge Funds of All Sizes Are Using More Alternative Data, But Not Without Concerns, According to Lowenstein Sandler Survey...
Read moreTwo Sovereign Wealth Funds in Talks on Collaboration
Malaysia’s Khazanah and Abu Dhabi’s Mubadala are in talks around some formal collaboration. Khanazah in link-up talks with Abu Dhabi’s Mubadala, Free Malaysia Today Ashby Monk (@sovereignfund)
Read moreView on Portfolio Diversification
A rather refreshing way to view portfolio diversification: “we can reduce the downside of being wrong, but only at the cost of reducing the upside from being right.” Hiding behind diversification, top1000funds.com Ashby Monk...
Read moreEgypt’s New Sovereign Wealth Fund
Egypt’s new SWF will begin operations next month. Egypt’s sovereign wealth fund to start operation in October, Ahram Online Ashby Monk (@sovereignfund)
Read moreStrategic Meat Reserves in China
This just in: China is tapping its strategic meat reserves. In other news, China has a strategic meat reserve. China’s tapping its strategic meat reserves as pork prices soar 47%, Quartz Ashby Monk (@sovereignfund)
Read moreChanges in Global Temperature as Investment Risk
Two key things: 1) TAI says global temperature change is the top extreme risk facing all investors, 2) 99.9% of those investors have no tools to assess how this risk will affect their portfolio. IE Investors are facing their single biggest risk...
Read moreGovernments Using Structural Ambidexterity to Innovate
My latest paper (with the very good Dr. Caroline Nowacki) is about something the world needs a lot more of: government innovation! Ambidexterity in government: The influence of different types of legitimacy on innovation, Research Policy Ashby...
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