The Japanese Government Pension Investment Fund, hardly hit by the Covid-19, has yielded -10.71% in the first quarter of 2020.
In its 20-year history, external managers have helped the Norwegian sovereign wealth fund generating NOK 47bn (€4.1bn) of excess return.
The insurers will invest €1.7bn via existing “Nov” funds, as well as new funds. Requests for proposals are due out shortly.
Alain Godard, managing director of the European Investment Fund, explains how the €40bn fund was rapidly mobilised before a pan-European support plan.
The Public Investment Fund (PIF) acquired stakes worth $1bn in four European oil giants.
Well-designed closing auctions attract natural liquidity and contribute to price discovery, said NBIM.
The Principles for Responsible Investment (PRI) is working to develop investor responses to the Covid-19 pandemic.
Tapping into its Future Generations fund is one of the options on the table for the oil-rich country.
Institutional investors' increased allocation of funds to their domestic market could lead to underperformance during periods of volatility.