The fund has teamed up with the Global Green Growth Institute following Xi's pledge of a stronger emphasis on sustainability for its flagship national initiative.
Sovereign Wealth Funds
Family office managing over $10 billion for Indian software tycoon increases AI investments; decarbonization focused fund passes $1 billion target; NPS will allocate 65% of its assets in risky assets under new long-term asset allocation rules; and more.
Temasek believes that carbon markets are critical for achieving net zero, while investing in sustainable economic growth is a fiduciary responsibility for long-term investors.
Family offices are planning to set up or expand operations in Hong Kong; Indonesia's INA scouts for partnerships to develop electric vehicle ecosystem; NPS to hire managers for private markets; and more.
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Two megatrends are influencing the state investor’s investment approach, the vice chairman of sustainability told AsianInvestor.
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Norway SWF names new Singapore office head; Temasek launches Paris office; GIC appoints public equities COO; Malaysia military pension appoints chairman, CEO; BNP Paribas AM gets new EMD head; and more.
Hong Kong officials plan Middle East visit to attract family offices; Korean SWF opens Mumbai office; GPIF makes first direct infra fund investment; Maharlika fund seeks to avoid 1MDB fate; and more.
In her first public speech, the chief executive officer of the Hong Kong Investment Corporation stressed that investors shouldn’t overlook opportunities in China with a broad-brush sector-exclusion approach.
Dubai prince reaffirms HK family office plans after abruptly postponing inauguration; GIC completes acquisition of stake in reinsurance broker and becomes majority shareholder; UK uni pension applies for trading approval in China; and more.
Exposure to renminbi assets is less than 15% for the fund dedicated to defending Hong Kong’s dollar peg. However, a fund executive cautions against missing out on a China rebound.
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Two Canadian pension funds increase bets in Indian toll roads; GPIF gets curious about crypto; ADIA plans to capitalise on western investors' desire to cut China exposure; Temasek to stay committed to ESG investing; and more.
Nephew of Dubai ruler to open family office in Hong Kong; HK's single family offices estimated at 2,700; NPS eyes San Francisco office; Ontario Teachers' invests in India fintech start-up; and more.
