With the ongoing CPC Party Congress this week, AsianInvestor revisits the investment community’s expectations of the previous congress in 2017, and assesses current sentiments.
Malaysia’s KWAP aims to increase its overseas investments; Singapore’s GIC will take a majority stake in luxury beach resort group; Korea's KIC posted double-digit returns for the first half of 2022.
On top of having to deal with standard changes, insurers in the Asia Pacific have also had to manage a new paradigm shift in asset classes.
Abu Dhabi and Qatar sovereign wealth funds eye Indian education technology firm; Korea's NPS commits capital to Blackstone Credit’s sustainable credit platform; Allianz in talks with Chinese banks to set up a majority-owned asset management venture; and more.
Abu Dhabi Investment Authority appoints heads of alternatives and Asia Pacific; AXA Hong Kong and Macau promotes head of investment and solutions; the Philippine Government Service Insurance System (GSIS) elects president; AIA Singapore appoints chief partnership distribution officer; Australian Unity appoints new chair; LegalSuper hires from ART; and more.
Insurance companies need to think outside the box when it comes to ESG frameworks and securing the right investments across disparate geographies.
The China Investment Corporation released guidelines on reaching carbon neutrality at the portfolio level in the next five years and beyond;China will allow foreign institutional investors to trade bonds after record selloff; Westpac is transferring its superannuation funds to Mercer Super Trust; Korea's Government Employees Pension Service chooses alternative investment head at Samsung Life as new CIO.
NPS head of Americas private equity and global hedge funds team leaves after 11 years; AIA hires director of tactical asset allocation from JP Morgan Asset Management; Manulife appoints chief risk officer for Asia; Bruce Tomlinson leaves Australian Retirement Trust; Franklin Templeton makes senior appointments in Malaysia; Eastspring loses three C-suites; and more.
Singapore's tougher family office rules could attract more wealth; AXA Hong Kong to deploy $1.4 billion into alternative assets in 2022; AIA regional CEO Bill Lisle dies at 57; OTPP focuses investment in three Asia Pacific markets; Asset Management Awards 2022: Best asset service providers
AIA Sri Lanka names Chathuri Munaweera as its first female CEO as Nikhil Advani takes up top position at AIA Thailand; Former HK finance secretary John Tsang joins fintech advisory committee; Fidelity International promotes Victoria Mio to head of equity research for Asia Pacific; Sectoral AM hires regional director from Nikko AM; and more.
AIA, Asia's largest life and health insurer, has five priorities, or pillars, in its ESG strategy.
AIA’s market economist discusses the foreseeable impact of the current economic climate to investors, with central banks raising interest rates to combat inflation and heightened geo-political risks in Europe.