For the insurer, a liability-driven investment model is the non-negotiable key to navigating everything from AI hype to the unwinding of Japan's central bank holdings.
Indonesian sovereign wealth fund Danantara lodges $1 billion bid for land near Mecca's Grand Mosque; Kazakhstan plans a $500m-1bn crypto reserve fund; Future Fund and QIC become full owners of clean energy developer Tilt; and more.
Rose Kerlin becomes deputy CEO at the super fund, while Peter Curtis takes on the newly-created position of chief transformation officer; New Zealand's SWF NZ Super is planning to appoint five directors; Aware Super's CEO Damian Graham is to join Challenger as CIO; and more.
The insurer, which identified significant potential in the region's less mature but rapidly developing market, is constructing a local portfolio tailored to its balance sheet needs.
Australian SWF's value has grown to A$261bn ($171bn) since its establishment in 2006; Canada's pension fund OMERS will dismiss its entire Asia buyout team as part of a strategic reassessment of its private equity operations; Singapore's GIC is reportedly seeking to sell up to $1bn of its private equity funds' holdings; and more.
Simon Warner succeeds Australian super fund's outgoing CIO Damian Graham; Indonesian SWF Danantara hires former GIC execs Daniel Lim and Weihan Wong as investment directors; Australian Food Super taps ex-Fidelity Richard Dinham as CIO; and more.
Temasek-backed Seviora Holdings and Azalea Investment Management have partnered with Korea’s Samsung Securities to expand Korean investor access to global private markets; Japan’s Dai-ichi Life Insurance has invested 100 million yen in CraftBank.
The ReOcean Fund by the Foundation Prince Albert II de Monaco is capitalising on Asia's growing 15% portfolio share by targeting growth-stage ocean companies.
Indonesian SWF taps Nadine Zamira Syarief as senior vice president of sustainability; Australian super fund Rest promotes Marina Pasika to interim head of private markets; Equip Super commences search for new chief; and more.
Singapore’s sovereign wealth fund GIC accuses Nio and its top execs of artificially inflating revenue and misleading investors; South Korea's pension fund NPS is on track to post its first annual loss on foreign alternatives since 2020; The UK government will hold high-level investment talks with Australia's largest pension funds; and more.
Japan’s Government Pension Investment Fund ex-CIO Eiji Ueda will lead Apollo's APAC operations; Allianz promotes Ritu Arora to India country head; Future Fund hires Kay Stuart to lead energy transition; and more.
Adam Murphy, the private equity lead, and Tim Unger, senior portfolio manager of sustainable investments, are departing from Australian Retirement Trust; Rest Super is searching for a deputy CIO and head of private markets as Simon Esposito steps down; FWD appoints Craig Tunstall as interim CRO; and more.