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
Dutch pension fund manager APG, logistics company ESR and the Canada Pension Plan Investment Board plan to double the total equity investment capacity of their second joint venture in Korea, bringing it up to $2 billion.