Former portfolio manager at Singapore SWF to launch fund; Macau's Social Security Fund releases 2022 report; Hong Kong's MPF assets gain over 12 months; Thailand's GPF picks front-office solution; Korea's NPS posts gains in first half; and more.
Australia's third-largest pension fund to stay active in Japanese equities; Thornburg IM loses QLDP license in China; INA inks deal with Pollination; Philippines's SSS narrows investment losses in 2022; and more.
The pension fund is focusing on raising its private market investments, similar to what several asset owners around the region are doing.
The Singapore and Abu Dhabi sovereign wealth funds complete takeover of US industrial and logistics real estate business; Malaysian sovereign wealth fund spearheads green investment platform aiming to attract domestic and overseas investments; Japan's GPIF hires firm to evaluate the fair value of its infrastructure portfolio; and more.
HKMA Exchange Fund's first-quarter gains soar; KIC considers alternatives investing in Asia; NPS benchmarks $1bn to a bespoke real estate index; Temasek looks at investing in Indian jeweller; and more.
Korea's sovereign wealth fund plans takes steps on voting rights in portfolio companies; Malaysia's EPF's investment income for 2022 drops from a year ago; Australian pension fund questions manager investment in India's Adani Group; and more.
Qantas Super allocates A$2 billion to fund managers to reduce carbon intensity across its equity portfolios; Korea's NPS, Teacher's Pension and GEPS to lower domestic stock targets; Dajia Insurance to sell off Anbang legacy hotel portfolio.
The China Investment Corporation released guidelines on reaching carbon neutrality at the portfolio level in the next five years and beyond;China will allow foreign institutional investors to trade bonds after record selloff; Westpac is transferring its superannuation funds to Mercer Super Trust; Korea's Government Employees Pension Service chooses alternative investment head at Samsung Life as new CIO.
GPIF suffers largest-ever quarterly loss; Korea's GEPS seeks bond ETFs; NZ regulators slam life insurers; BLF fund set to run out of money; UK instos show interest in Chinese stocks, and more.
The likes of Geps, KIC and Hyundai Insurance are looking to further raise their allocations to private markets, but seem less keen on hedge funds.
The Government Employees Pension Service is tipped to see fierce competition for its CIO vacancy. It has also seen its head of overseas investment join KB Asset Management.
Choi Young-Gwon will start in the new role on April 1 after overseeing big changes in investment strategy during his three years at Korea's Government Employees Pension Service.