Indonesian sovereign wealth fund Danantara plans to cut the number of state-owned enterprises (SOEs) from 1,000 to 200; Indonesian BPJS Ketenagakerjaan (BPJS TK) plans to invest up to 5% of its portfolio overseas.
Manulife hires from HSBC's Ming Lau as CFO for Asia; AustralianSuper eliminates several exec roles in its private markets division; Prime Super taps CareSuper head of risk for general manager, risk and compliance; and more.
The Hong Kong Monetary Authority and Saudi Arabia’s Public Investment Fund sign a $1bn partnership to fuel GBA expansion; Singapore’s MAS appoints six asset managers to oversee $2.2bn mandate to bolster the local stock market; Indonesian SWF Danantara secures a $1bn multi-currency credit facility from a syndicate of major international banks; and more.
Nik Amlizan Mohamed reportedly set to leave Malaysian pension fund by the end of November; Guardians of New Zealand hires Leona Cheffins as people and culture chief; AustralianSuper loses director of options David Choi, hires Jessica Chen as CFO; and more.
Singapore’s sovereign wealth fund becomes lead investor in a $91m funding round for Infravision; Japan's GPIF reports a 5.52% return for Q2; Canada's OTPP is set to shut down its Asia real estate team; and more.
Allen succeeds Mike Wilkins who will retire in 2026; Matt Dellit joins ART as ethical investment portfolio manager; Brighter Super taps three senior execs; and more.
Indonesian sovereign wealth fund Danantara lodges $1 billion bid for land near Mecca's Grand Mosque; Kazakhstan plans a $500m-1bn crypto reserve fund; Future Fund and QIC become full owners of clean energy developer Tilt; and more.
Rose Kerlin becomes deputy CEO at the super fund, while Peter Curtis takes on the newly-created position of chief transformation officer; New Zealand's SWF NZ Super is planning to appoint five directors; Aware Super's CEO Damian Graham is to join Challenger as CIO; and more.
Australian SWF's value has grown to A$261bn ($171bn) since its establishment in 2006; Canada's pension fund OMERS will dismiss its entire Asia buyout team as part of a strategic reassessment of its private equity operations; Singapore's GIC is reportedly seeking to sell up to $1bn of its private equity funds' holdings; and more.
Simon Warner succeeds Australian super fund's outgoing CIO Damian Graham; Indonesian SWF Danantara hires former GIC execs Daniel Lim and Weihan Wong as investment directors; Australian Food Super taps ex-Fidelity Richard Dinham as CIO; and more.
Temasek-backed Seviora Holdings and Azalea Investment Management have partnered with Korea’s Samsung Securities to expand Korean investor access to global private markets; Japan’s Dai-ichi Life Insurance has invested 100 million yen in CraftBank.