Future Fund CIO Sue Brake steps down; Prudential expands group executive committee; Eastspring's head of portfolio advisors Kelvin Blacklock leaves after 20 years; MLC Life chief executive to retire, to be succeeded by Kent Griffin; JLL hires from single family office; Value Partners taps managing director from Blackrock; Franklin Templeton gets Apac investment strategist; and more.
Supermarkets, data centres and warehouses have drawn investor interest in developed markets, while Asian logistics have appeal, asset owners said at the Asian Investment Summit 2022.
Despite being long-term investors, sovereign wealth funds have had to develop strategies for unexpected turns in market forces, which include direct inflation protection and multi-asset trend following strategies.
Volatile geopolitics, unpredictable monetary policy and generational differences in priorities means sovereign wealth funds will have their work cut out for them in the coming decades.
Norges Bank Investment Management, GIC and the Abu Dhabi Investment Authority are among anchor investors in the initial public offering of Life Insurance Corporation (LIC) of India; Future Fund warns of heightened risks as it reports -1.5% returns for Q1 2022; Five Japanese insurers invest $367.3 million in World Bank sustainable bond; and more.
Institutional funds haven't done enough to ensure they are not supporting hostile and repressive regimes with their investors' capital, according to ESG industry leaders.
The positive environmental impact of wind power investments is driving large institutions to back new projects while pushing power companies to improve their alternative energy programs.
The sovereign wealth fund is exploring a new investment model as it manoeuvres a post-Covid world, an uncertain interest rate environment, and higher-priced assets.
Besides carbon transition, renewable energy, energy efficiency technologies, and carbon credit markets are other key allocations for these asset owners.
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.
The two Apac sovereign funds are focusing on renewable and clean energy infrastructure assets as part of their fine-tuned investment strategies.
CDPQ's Ivanhoe Cambridge hires ex-GIC real estate expert; NZ Super adds board member; Future Fund appoints chief people officer; BlackRock real estate CIO joins Singapore's Capitaland; AMP Capital hires MD for energy; Northern Trust AM names new CIO; T Rowe Price hires AU and NZ institutional head; Nuveen hires Southeast Asia institutional head; Citi names sustainability head in Singapore; and more