Singapore's GIC has taken part in an equity syndication program to finance the world's largest green hydrogen platform in the world; Taiwan pension funds reported investment losses in the first four months of 2022; AIA Singapore has teamed up with Franklin Templeton to launch a shariah global diversified fund for Muslim investors.
India's state insurer LIC traded down on debut after blockbuster IPO; Temasek-backed e-commerce platform Zilingo fires chief executive Ankiti Bose amid investigations into financial irregularities; Australia's Unisuper and Australian Catholics Superannuation enter agreement to explore merger; and more
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.
The consolidation of Khazanah's commercial and strategic funds will simplify the structure of the sovereign wealth fund but the verdict is out on whether reporting will be more transparent.
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 ...
The sovereign wealth fund posted a 19% time-weighted rate of return on its commercial fund despite expectations of a negative return.
Proposed changes to how Malaysian GLICs operate should clarify what their mandates are meant to achieve but risk putting pressure on returns, say observers
The sovereign wealth fund has replaced Shahril Ridza Ridzuan, making it the latest government-linked investment company to change its leader.
Experts say the recent changes of chief executives at state investment funds PNB, EPF and Kwap all have similar explanations, with Khazanah potentially being next.
Malaysia’s sovereign wealth fund has been hit especially hard by Covid-19, to the extent that its chief executive and more of its overseas offices are seen as under threat.
The pandemic has sharpened investors’ focus on ESG adoption, but for Khazanah and other asset owners in Asia, scaling up sustainability-themed investments has its challenges.
Some asset owners in the region are reducing riskier assets, while more investors around the world are planning to increase their allocations to government bonds.