Having made its first negative quarterly return in two years at the end of FY2021, the world's largest pension fund plans to adapt to a changed investment landscape.
Singapore's GIC is linked with KKR in a joint bid for the $5.6 billion Australia-based Ramsay Health Care buyout; Japan's GPIF is urged to tap on its $75 billion alternative investment war chest to grow start-ups in the country; Shenzhen-based insurer Funde Sino Life Insurance became the largest shareholder of National Trust; and more.
The superannuation fund seeks to let data take bias out of market views and decisions, its CIO told the audience at the Asian Investment Summit.
Indonesia's new sovereign wealth fund to invest $2.72 billion in toll roads; Singapore's MAS tightens tax criteria for family offices; Harvard University's endowment among risk-averse US institutional investors looking to reduce commitments in China; and more.
GPIF renews CIO term for two years as its ESG head retires; Nicole Bradford joins Australian Retirement Trust as head of sustainable investment from Cbus; Cbus promotes head of investment options as it shifts the function in-house; Former Poba CIO takes up senior advisor role; and more
The world’s largest pension fund is wielding its bargaining powers to drive environmental, social and governance (ESG) development across Asia.
AustralianSuper will double its staff in London and grow New York office to 80; Taiwan's Public Service Pension Fund to put great emphasis on ESG in manager selection; GPIF publishes list of companies with "excellent TCFD disclosures"; Nippon Life Insurance sets 2030 interim targets for greenhouse gas emission reduction in the investment portfolio; and more.
Even China is concerned about its Russia exposure; AIA puts on its acquisition hat; SFC fines HSBC Securities Brokers (Asia) HK$6.3 million; HKMA issues bonds; Canada Pension Plan Investment Board (CPPIB) invests $350 million into Indian commercial space; and more ...
China to expand commercial pension pilot scheme beyond current six life insurers; the Government Pension Investment Fund (GPIF) of Japan is putting its decision to stop lending shares up for debate; Singapore budget avoids net wealth tax but imposes higher levies on property and luxury cars; APG urges 10 South Korean investee companies to reduce carbon emissions; 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.
Japan's GPIF posted 0.98% investment return in the second quarter ended September; Taiwanese pension funds overseen by BLF report 5.75% return for the first nine months of 2021; Abu Dhabi Growth Fund signs agreement with Indonesia Investment Authority; OTPP allocates 25% stake in road infrastructure in India; and more.
Only 11% of Asia asset owners’ portfolios have been invested in environmental, social and governance assets or ESG-related strategies, says a new report.