Here now, the news:
- Sharia: The Brunei Investment Agency has been in the news a lot lately... and not in a way it would want to be.
- Corporate Governance: South Korea’s National Pension Service doesn’t want to exert its influence over local companies because it wants to avoid engendering fears of “pension fund socialism”.
- Canada: CPPIB goes into AIMCo’s home turf to develop a 100-hectare industrial park in Edmonton.
- LP To GP: Wake Forest University’s Endowment now wants to manage your money.
- Moneyhunt: In the hunt for Libya’s missing assets, investigators are now focused on the UK.
- The Fee Machine: Pando appears to have taken the blue pill this week; it’s utterly flabbergasted by the finance and investing status quo.
- Seems Obvious: “Public pensioners and taxpayers deserve to know the basics of where their money is going, and whether or not it really is working for them.” It ain’t obvious.
- Glorification: This hedge fund rich list glory-fest is sick; yet another sign that finance needs some A-Bomb levels of disruption and disintermediation. And I think it’s coming...
- Direct Investing 2.0: Not many people noticed, but AussieSuper officially got into the Underwriting game last month.
- Collaboration: The Church of England’s Quivercourt and the Kuwait Investment Office are teaming up to finance a new bank.
- Emerging Markets: APG is seeding a new manager to buy leased office assets in India.
- Musical Chairs: Another Canadian CEO is leaving; this one’s from OP Trust.
- Airlines: The QIA has bought a few big stakes in Qatar Airways; part of policy to reduce ruling family ownership of SOEs.
- Juicing Returns: Texas Teachers’ may follow Ontario Teachers lead and begin juicing its returns with leverage. Interesting.
Have a great weekend!
