SIMON MUMME, Author at Top1000funds.com

Uncategorised posts

What investors lose to their fiduciary ‘agents’

The flow of capital absorbed by Australia’s superannuation industry is something that irritates academics Ron Bird and Jack Gray, who just received research funding from the ICPM, particularly since super fund members are forced by law to put their money into the hands of their fiduciary ‘agents’, writes Simon Mumme.

SIMON MUMMEJune 1, 2009

Uncategorised posts

Norwegian SWF pushes equity exposure beyond 50pc amid Q1 losses

The $US 324 billion Government Pension Fund – Global (NBIM) of Norway pushed its allocation to equities beyond 50 per cent in the course of Q1 2009 at the expense of its fixed income portfolio, maintaining a strategic bent towards a higher exposure to growth assets.

SIMON MUMMEMay 27, 2009

Uncategorised posts

Another big equity manager calls the bottom

The US$13 billion global equities manager Trilogy Global Advisors has joined the growing list of funds managers prepared to call the bottom for equity markets, and is already overweighting stocks leveraged to global economic recovery such as technology and consumer discretionaries.

SIMON MUMMEMay 27, 2009

Uncategorised posts

French SWF picks Mubadala for first co-investment pact

The French economy will be the target of future co-investments by the nation’s $US28 billion sovereign wealth fund, the Fonds Strategique d’ Investissement (FSI), and the $US10 billion Mubadala Development of Abu Dhabi, after the two investors forged a strategic partnership this week.

SIMON MUMMEMay 26, 2009

Uncategorised posts

Abu Dhabi funds advance on JVs with Western investors

The strategic investment arm of the Abu Dhabi government, Mubadala Development, has built its stake in joint-venture partner General Electric (GE), bringing it closer to reaching its stated aim of being a top 10 shareholder in the US conglomerate, while the Abu Dhabi Investment Company (ADIC) and UBS Global Asset Management (UBS GAM) reached a […]

SIMON MUMMEMay 20, 2009

Investor Profile

CIC creates new investment teams, scouts opportunities offshore

As global markets nosedived and its initial investments soured, the China Investment Corporation (CIC) took the opportunity to reorganise its investment operations and focus on less risky investments at home and in Asia. Simon Mumme reports.

SIMON MUMMEMay 13, 2009