Australian and British pension funds want the UK's National Wealth Fund to focus on higher risk net-zero industries where it can play a valuable role bridging gaps in capital markets.
HESTA hires Saudi wealth fund's former head of markets; Janet Li joins BEA Union Investment; Victoria-based asset owner names infra head; IFM Investors hires former Jupiter AM Asia chief; Prudential names chief IT officer; and more.
With steady yield hard to come by, superannuation funds are taking bold steps to satisfy their thirst for infrastructure, such as by making unsolicited proposals for regulated assets.
Dan Vanden Boom has left Morgan Stanley to join the infrastructure asset manager in Australia, as his boss Eddy Schipper starts gathering assets in Asia.