A year after the sovereign wealth fund changed the way it invests, it posts a modest return and says financial market performance over the next decade will be weak.
Three of the four sovereign wealth funds with the biggest exposures to hedge funds are based in Asia Pacific, and these allocations look set to rise further.
Asian pension funds and insurers are looking to expand beyond commercial foreign real estate, which would impact global property markets, says Brookfield Financial.
Bank Negara Malaysia becomes the eighth manager to hit $1 billion in QFII quota after receiving $600 million in Safe's July batch. Ontario Teachers is among the other winners.
The sovereign wealth fund has introduced new leadership at its three investment subsidiaries in a widely expected move, strengthening its reach into emerging markets.