A US federal government pension decides to exclude investments in Hong Kong; Philippines' Maharlika fund can finance up to 80 potential projects; Korean pension snaps up stake in US crypto exchange; Australia's ART brings one more super fund under its fold; and more.
Sun Life Asia's Hong Kong-based ALM head leaves; Philippines's Maharlika fund gets first chief; Cerulli to shut Asia, Europe operations; Bosera AM's general manager departs; Amundi appoints new ETF sales heads; and more.
Singapore's MAS lists domestic systemically important insurers; Qantas Super explores merger options; CIC chairman sees need for greater sustainability certainty; KWAP to invest in Malaysia's startup ecosystem; and more.
KMXK Investment cites short-term macro risks as drivers of cautious stance as it remains bullish on region in the long run.
Indonesian SWF inks cooperation framework agreement; GIC mulls sale of Tokyo skyscraper; NPS triple ESG investments; and more.
The insurer's hopes of adding sustainable investments is part of a broader regional trend among asset owners as they increasingly incorporate ESG in their investment processes.
UniSuper joins Blackstone in Australian warehouse portfolio as NPS sells stake; Korean pension funds and insurers commit to European private equity behemoth; GIC scales back quantitative unit; and more.
The biggest growth potential lies in equities this year, and Philippine stocks seem especially undervalued, according to a senior executive.
Temasek to allocate $10 billion to India over three years; INA inks deal with British International Investment; MFP inflows in H1 climb; GIC to acquire logistics facility in Japan; and more.
Former GIC CIO mulls bid for Singapore presidency; China announces regulatory framework for private investment funds; Malaysia's Khazanah ties up with venture capital firm Antler; KIC to open Mumbai office; and more.
The foreign development finance institution has £485 million to spend in the region by 2026.
With no commodity-based or government surpluses to invest, some are questioning why the Philippines needs a sovereign wealth fund. Its proponents say it will ensure state funds are invested for the best return.