Central Huijin Investment, an arm of China's sovereign wealth fund, is set to take control of three major bad debt managers, as Beijing tackles growing risks in the state-dominated financial system.
Malaysia’s pension fund KWAP records highest-ever investment income; PAG has raised $4 billion for an opportunistic real estate fund; Qantas Super completes its merger with the Australian Retirement Trust; and more.
Despite the recent row-back by US asset managers, the sovereign wealth fund of New Zealand is committed to its sustainability objectives and will terminate co-investments or mandates that do not meet ESG standards.
As Norges Bank Investment Management (NBIM) increases its India exposure during a notable market cooling, experts debate the wisdom of concentrated bets in emerging markets.
Indonesia approves second sovereign investment fund; South Korea's National Pension Service (NPS) closes $1.6 billion Seoul office deal; Singapore’s Temasek and US investment firm CenterSquare form $200 million debt fund; and more.
Nicolai Tangen, head of Norway’s $1.75 trillion sovereign wealth fund, has said that investors must adapt to the growing dominance of technology stocks.
Norges Bank Investment Management, Norway's sovereign wealth fund, has no plans to change its US or Chinese technology allocations while acknowledging a potential 29% equity portfolio decline in an AI correction scenario.
Maharlika Investment Corporation to acquire 20% of National Grid amid China tensions; Swedfund commits €40m to emerging markets infrastructure; ADQ launches $1.2bn mining venture; and more.
China directs billions of dollars of insurance money into stocks; Malaysia’s sovereign wealth fund Khazanah Nasional is rebalancing its portfolio to invest more in developed markets; Korean scientists and engineers fund opens tender for foreign CLO mandate; and more.
Australia's largest pension fund is ramping up its global expansion through three key investment pillars: private markets, international equities, and digital infrastructure.