The Daily Brief

The news: - CalPERS Board (re)considers discount rate. - The SWF debate in Australia seems to have turned a bit nasty. - Some more details emerge on Ghana’s and Gabon’s new SWFs. And some other stuff I think worth your while...

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A light news day in the land of the Giants:

  • CalPERS Board will consider dropping expected return to 7.25%. Note: decennial return is 5.1%; still unlikely to pass.
  • The Australian government may surprise everybody with its choice of new Future Fund Chairman.
  • Here are some more details on Ghana’s and Gabon’s new SWFs.
  • The SWF debate in Australia seems to have turned a bit nasty.
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