Sumitomo Life Insurance hands $22 billion foreign corporate bond mandate to US-based Symetra; Singapore’s GIC ups stake in India-based Phoenix Mills with $50 million new capital injection; Eight Taiwan pension funds report total investment loss of $8.4 billion from January through May; and more
Alternative data can be a source of outperformance for quantitatively orientated institutional investors looking to generate alpha and mitigate risk as investment strategies on traditional data sets becomes oversaturated.
The asset management industry continues to be male-dominated. Senior executives from Aware Super and State Street Global Advisors discuss how advocacy can move the needle.
Australia’s second largest super fund has emphasised its commitment to affordable housing at the same time as a leading campaigner for affordable housing has criticised Korea’s NPS over its property investments.
Asian investors including Aware Super, LGIAsuper, NZ Super and an Asian insurer have been increasing their allocations to Europe’s residential property sector this year.
Australia's second largest superannuation fund cites hedge funds, the lack of diversity in the workforce, and third party reporting as challenges that are holding back ESG progress.
When it comes to properties, new build and old build present very different ESG challenges. AsianInvestor asked asset owners which they prefer and why.
Ping An cites a weak economy and investment losses as reasons for its 31.2% fall in Q3 net profit; Korean Teachers' Credit Union denies being the first pension fund in the country to invest in Bitcoin ETF; Aware Super looks to renewable energy assets; Consortium backed by hotel tycoon Ong Beng Seng and Temasek makes rival bid for SPH; and more
The ease of direct investments into property firms and the availability of niche sectors in the US have drawn asset owners such as Australia’s Aware Super and Korea’s Poba.
For Australia’s second-largest super fund, it’s a case of get green or get out, but engagement and collaboration is still the preferred solution.
The Australian superannuation fund is looking to add to the team across all asset classes and increase its internally managed portfolio from 20% to as much as 50% within five years.
Hesta reports record 23% return for sustainable growth option; Aware Super reaches $110 billion in AUM; People's Bank of China to continue supporting ESG bonds; US-based Generate raises $2 billion from international pension funds; Korea's CWMAA looking to hire for foreign infra mandate; Temasek enters $103m JV with nanotech firm; and more.