CDPQ names India chair; Khazanah fills CIO vacancy; Sarawak's new SWF appoints CEO; HQ Capital opens Singapore office; Allianz GI gets Japan head; GSAM names Korea institutional clients chief; and more.
HKEX to open London office; Partners Group lays off staff from Asia PE team; Australian Retirement Trust executive team overhaul; Ex-Allianz Real Estate APAC chief in new role; United Overseas Insurance names new CEO; and more.
The head of ESG at Allianz Real Estate said that making brown buildings green adds only 5% to 10% to renovation costs. Yet some investors are reluctant to make the changes.
Stakeholders across the global industry are failing in their responsibilities, says property investor Allianz Real Estate’s chief sustainability officer.
Some of the big investors encouraging agreements where building owners and tenants can help cut emissions. Still, these deals can be hard to put in place.
In 2018, the German group got the green light to set up the first wholly foreign-owned insurance firm in China. The trailblazing process has since moved the needle for foreign insurers seeking to set up shop on the mainland market.
While leading asset owners point to the global economic slowdown and rising inflation, real estate, in the right sectors, can still offer an effective hedge against inflation.
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.