In August 2018, Ping An Insurance stated it would lower its share of stocks in its portfolio as it aimed to adhere to IFRS 9. Its interim report released August 24 shows that the insurer has delivered on that promise.
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.
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.
The Taiwanese pension fund manager has evolved a smart beta strategy that has showed its worth in a variety of market conditions. The key to success? Rotation.
The results posted by the Bureau of Labor Funds (BLF) in Taiwan fell short of the benchmark index, and one analyst urges more to be done particularly after last year’s scandal.
Taiwan's largest pension is taking a conservative approach in the current Covid climate, announcing fewer new mandates and potentially delaying renewals to maturing ones.
Chief executive Eddie Yue highlights the urgency of providing greener banking system, and explains how Hong Kong could help Chinese green bonds issuers.