Internal and external mandates have added a combined $10.2 billion, after costs, to the size of the fund, compared to the passive reference benchmark.
Sovereign Wealth Funds
The Indonesian sovereign wealth fund is making a concerted push into hybrid capital solutions, such as private credit, by inking partnerships with at least three investment managers in recent months.
Efforts to jointly anchoring the investment fund represent another sign of the growing relationship between the Middle East and Hong Kong.
China Investment Corporation has ramped up allocations to sustainable investments and sustainability-focused managers across both public and private markets, leveraging its proprietary ESG model.
Indonesia Investment Authority has flagged interest in partnerships, following a new fund co-launched by Microsoft that is seeking to unlock $100 billion of investments.
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.
The new vehicle, co-launched by Abu Dhabi’s sovereign wealth fund to unlock $100 billion for data centre and AI-infrastructure deals, offers a new allocation opportunity for institutional investors.
The recent partnership between the Indonesian wealth fund and the investment manager is further proof that private credit appetite remains strong among asset owners in the region.
The recently established fund aims to bridge the infrastructure gap in the Philippines through physical and digital projects, focusing on energy and telecom towers to drive economic growth and create social impact.
Aviva Investors names new APAC chief as Surrency exits; JP Morgan AM's Asia fixed income head leaves; Fidelity hires ex-BlackRock executive as APAC head; Mercer's Adeline Tan takes on new role; CIC names new committee members; and more.
China Investment Corporation aims to strategically invest in AI to capitalise on the disruptive technology's growth potential, as China strives to gain an edge amid intensifying global competition.
As asset managers curb support for shareholder votes, a debate rages between investors' fiduciary responsibilities and pursuing sustainability goals.