The Government of Singapore Investment Corporation has stockpiled cash during the year to 31 March as it awaits better investing conditions. Adopting a cautious outlook, the sovereign wealth fund nonetheless increased its allocation to alternative assets by 1 percent.
3 min read · 17 January 2013
The $88 billion pension system has agreed to invest in global real estate funds sponsored by Starwood Capital Group and Westbrook Partners as part of $200 million committed to opportunistic and value-added real estate vehicles in recent months.
2 min read · 17 January 2013
Hearthstone Investments has agreed to buy a portfolio of show homes from Britain’s biggest housebuilder, Barratt Developments, for its new UK Residential Property Fund. The firm’s chief executive says the fund will ‘fundamentally change’ the way the UK invests in residential property.
3 min read · 17 January 2013
The $26.1 billion pension has at least $100 million to allocate to non-core real estate funds and plans to hire an opportunistic manager as it aims to increase its allocation in the asset class.
2 min read · 17 January 2013
The $5.7 billion pension system plans to liquidate its remaining individually-owned real estate properties to free up more capital to invest in funds.
2 min read · 17 January 2013
South Korea's $320 billion state pension fund has engaged London-based real estate intelligence provider IPD for a specifically tailored investment performance index for its non-Korean property investments.
2 min read · 17 January 2013
China Investment Corporation saw its total assets grow to $482bn in 2011 but registered a loss of -4.3 percent for the year. To mitigate current volatile market conditions, the state fund has continued to increase its exposure to alternative assets.
2 min read · 17 January 2013
How similar real estate strategies at CalPERS and CalSTRS have produced different results.
3 min read · 17 January 2013
The state’s $16 billion investment council is weighing the restructure of its real estate portfolio – which currently comprises almost all equity investments – to increase its exposure to debt strategies.
2 min read · 17 January 2013
The Sydney-based investment management firm said the mandate to manage the listed real estate portfolio of China’s National Council for Social Security Fund "highlights the growing trend of Chinese offshore investing".
2 min read · 17 January 2013