While Taiwan’s Bureau of Labor Funds has steadily increased the share of overseas investments, it has recently adopted a more conservative approach to asset allocation.
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The Bureau of Labor Funds should be more conservative in issuing mandates in the first half of 2023, as rate hikes continue to pressure the global market, market advisors said.
Weekly investors roundup: Australia's HESTA increases sustainable PE; Temasek puts VC in rural India
Australian superannuation fund HESTA almost doubles its commitment to sustainability focused private equity investment program; Temasek in funding round for fintech startup focusing on rural India; and more.
Vanguard launches a pension fund in Australia, the first new fund license to be approved in six years; Taiwan's Bureau of Labor Funds appoints seven asset managers - four foreign and three local; and more.
Wealthy Chinese are exploring bigger investments in private assets as they seek shelter from wild swings in public markets, while managers look for revenue streams as institutional investors' interest dwindles; Singapore's GIC and Temasek make new investment forays into India; and more.
Taiwan’s largest pension manager opened a bid for its first overseas ESG mandate back in late 2016, in order to diversify investment risk and create stable long-term returns. The strategy is now being tested during the market downturn.
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The first batch of pension providers, including China Life, will join Hong Kong’s MPF’s new electronic platform next year; Ontario Teachers' Pension acquires majority stake in private hospital chain in India; head of Korea's sovereign wealth fund's investment strategy and innovation division is named its new chief investment officer; and more.
Weekly investors roundup: GIC leads $135 million fundraiser for energy storage company Powin; Canadian fund Aimco to set up Singapore office for regi…
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Weekly investors roundup: Sumitomo Life Insurance issues $22 billion corporate bond mandate; Singapore's GIC increases stake in India's Phoenix Mills…
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
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Weekly investors roundup: India’s largest ever IPO by Life Insurance Corp oversubscribed 2.95 times; Saudi Public Investment Fund allows investments …
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