A light news day in the land of the Giants:

  • CalPERS Board will consider dropping expected return to 7.25%.  Note: decennial return is 5.1%; still unlikely to pass.
  • The Australian government may surprise everybody with its choice of new Future Fund Chairman.
  • Here are some more details on Ghana's and Gabon's new SWFs.
  • The SWF debate in Australia seems to have turned a bit nasty.