Japan's Government Pension Investment Fund, one of the world's largest institutional investors, defends its annual results after a challenging year and stresses the difficulties in managing such a large investment portfolio.
Singapore’s state-owned investment funds have the greatest exposure to China, with a collective allocation running into billions of dollars, despite geopolitical tensions and economic challenges.
Korea's National Pension Service is considering opening an overseas office in San Francisco for new investment opportunities; GIC's green bonds purchase finances renewable energy portfolio; CalSTRS narrows in on China equity fund managers; and more.
In 2015, the Canadian pension fund hired a new head of Asia Pacific as a part of a regional build-out. The size and depth of Asia presence have since evolved – and that former regional head is now CIO at one of the largest US pension funds.
Calpers hires Nicole Musicco as CIO from OTPP, where she set up its first Asia Pacific office; Australian small caps equities director leaves Rest Super; BlackRock hires new head of institutional for Asia Pacific; Schroders investment director joins Capital Group in Singapore; HKEX reappoints advisory council members and board members; and more
Calpers CIO Chris Ailman said that the S&P 500 probably won’t come anywhere close to matching the 27% advance it clocked in the past 12 months; Kopi Kenangan, which counts GIC, Li Ka Shing and Eduardo Saverin as backers, reached unicorn status; Korean pensions offloaded $9.2 billion in Samsung Electronics; GPIF prepares for alternatives mandate; and more.
Recording the worst quarterly investment return since April last year, the world’s largest pension fund was a net seller of equities in the second quarter.
In a surprise move, the giant US pension fund has accepted the resignation of its controversial CIO.
The spread of the coronavirus has led to the usual assortment of hucksters and grifters trying to take advantage; and US Republicans turn to insinuation and slurs against Calpers' CIO.
Strategic talks with global peers are likely to develop into joint investments for Japan’s national pension fund, its CIO told AsianInvestor.
Many asset owners are pulling out of hedge funds, dismayed by their relatively high fees and low returns. Others, including some Asian institutions, are reviewing their allocations.
Doubts persist over Japan’s commitment to boardroom change, says fund house Hermes, but progress is being made, aided by the country's Government Pension Investment Fund.