Buy side Archive

C WorldWide Asset Management (previously Carnegie Asset Management) was created in 1986 as part of the Carnegie Group. The company was spun out of Carnegie Investment Bank in 2009 and the name changed in 2017. C WorldWide is 80 percent-owned by private equity fund Altor Fund III and 20 percent-owned by employees. Today, C Worldwide manages around $20 bn in global equities for institutional clients in the Nordic region, the UK, Canada and Australia. Its main portfoli...

An increase in allocations to alternative investment strategies – including real estate, private equity, infrastructure, private debt and hedge funds – is being seen among Canadian institutional investors, according to a new study by Toronto-based asset servicing firm CIBC Mellon. The report – The Race for Assets: Canada vs the World – finds that among different alternative sub-asset classes, real estate (42 percent) is most favored among Canadian investors,...

Given the dominance of geopolitical events – particularly the US-China trade talks – it is not surprising that the May Bank of America Merrill Lynch (BofAML) fund manager survey indicates investors are ‘well hedged’ but, interestingly, not positioned for a breakdown in trade talks. More than one third of investors surveyed have taken out protection against a sharp fall in equity markets over the next three months, the highest level in the survey’s history....

The world’s largest sovereign wealth fund (SWF), Norway’s Government Pension Fund Global, which is run by Norges Bank Investment Management (NBIM), says Q1 2019 was its strongest quarter ever, with global stock markets recovering and the fund seeing a return of 9.1 percent – or around NOK738 bn ($84.4 bn). While the highest returns came from NBIM’s investments in technology companies (17.6 percent), equities also performed well for the Norwegian fund, with i...