Equity investments returned -0.2 percent, and fixed-income investments -2.2 percent. The return on these investments was 0.4 percentage point higher than the return on the benchmark indices. Investments in real estate returned 2.0 percent.
Norges Bank has decided to exclude the companies IJM Corp Bhd, Genting Bhd, POSCO and Daewoo International Corp from the investment universe of the GPFG. The companies are excluded based on an assessment of the risk of severe environmental damage.
Reference Portfolio stays at 80% growth, 20% fixed income; 5% allocation to New Zealand equities retained.
The London Pensions Fund Authority Board (LPFA) and the Lancashire County Pension
Fund (LCPF) have commenced the process to appoint an Independent Chair and NonExecutive
Directors to the Board of their innovative £10bn Asset & Liability
Management (ALM) Partnership.
The California Public Employees' Retirement System (CalPERS) today reported a preliminary 2.4 percent net return on investments for the 12-months that ended June 30, 2015. CalPERS assets at the end of the fiscal year stood at more than $301 billion.