From sports, China LBO to distressed PE, sky is the limit when it comes to investment for family offices. At AsianInvestor’s Asia Investment Summit, institutional investors debated whether ETFs were still useful. Here are some of the most read stories about asset owners and their investments.
Aware Super hires for strategy and transformation; abrdn's former HK fixed income head joins Bosera AM; HSBC AM announces Asia appointments; AMO shuts Singapore office; BlackRock hires for climate infra team in New Zealand; and more.
NGS Super strengthens investment team; China's PICC promotes Zhang Jinhai to vice president; AustralianSuper relocates PE head to New York; State Street appoints new Korea head; Allspring opens Tokyo office with new hire; T. Rowe Price bolsters Asia institutional business with new hire; Ageas hires Christian Choi as regional director; China VC fund leader becomes HSBC board member; Malaysia's Mavcap hires new CIO; Colliers Apac IT director; Singapore's HG Exchange appoints chairman.
Korean Hanwha Life Insurance is set to kick off direct investment in overseas real estate via new subsidiary in the US; Singapore's Temasek launches strategic partnership in Brazil with local partner; Japanese insurers expand overseas with acquisitions; Tokio Marine partners with Singapore insurtech VC firm; and more.
A weaker yen has made Japanese equities more attractive. The investment in the Japan ETF has recorded a 5.3% return as of Wednesday during the holding period since May 19.
Singapore's GIC leads a $135 million fundraising round for US-based energy solutions firm Powin; Alberta Investment Management Corp is setting up its first Asian office in Singapore with an eye on Asian private equity; Ontario Teachers’ Pension Plan Board will acquire a 70% stake in New Zealand's TowerCo; and more.
GIC appoints 10 new MDs to global leadership; M&G hires fixed income head for Apac; HSBC hires UHNW global head from Citi; Credit Suisse appoints Apac asset management head; Macquarie AM hires chief sustainability officer; and more.