Hong Kong’s Mandatory Provident Fund scheme gets three more investment options; Korea's National Pension Service reportedly has two frontrunners to head its investment operations; new report says asset owners around the world are passively invested in companies that might be involved in Uyghur Muslims repression in China’s Xinjiang region; and more.
Public pension funds and sovereign wealth funds are too often seen as political footballs - it's high time their investment professionals were allowed to just do their job.
Wealthy Chinese are exploring bigger investments in private assets as they seek shelter from wild swings in public markets, while managers look for revenue streams as institutional investors' interest dwindles; Singapore's GIC and Temasek make new investment forays into India; and more.
While the world’s largest pension fund sees main asset classes dwindle, its alternatives share is growing on the margin.
Value over values in ESG for Apac asset owners; Opportunities abound in corporate, EM credit: Thai government pension; ESG 'backlash' emerges as fresh challenge for investors; Early-stage sustainable ventures pay off: family office Rumah Group; GIC’s mosaic approach to ESG analysis
Hong Kong officials plan roadshow to woo wealthy families in the Middle East and Europe to set up investment offices in the city; Japan's GPIF has hired its second overseas real estate manager; Singapore's GIC extends investments in Australian logistics; and more.
In 2018, Japan’s GPIF sought exposure to global real estate as part of a strategy to increase its alternatives portfolio - four years on, its allocation has grown nearly 500%.
The state pension fund joins ESG benchmark as the first Japanese infrastructure investor member, supplementing its existing efforts within real estate investments.
Former ESG head from GPIF join IFRS sustainability board; CIC chair of the board of supervisors departs; Prudential Hong Kong appoints Lawrence Lam as CEO; Chubb Life Hong Kong appoints new president; AustralianSuper promotes Daniel Lim to investment director; BlackRock makes two key hires in Asia; and more.
As the world’s largest pension fund continues to increase ESG-related assets in its portfolio, its CIO acknowledges that the current markets turmoil pushes other investment agendas.
Having set out clear stewardship principles, investors are now pressuring companies and asset managers to deliver results.
AsianInvestor’s most recent survey of the region’s asset owners shows higher appetite for public equity investments. In particular, pension funds’ rebalancing strategies have been a key driver of this trend.