The Singaporean investment company plans to relocate staff from other global offices, then hire locally over time at a planned Paris office.
While investors like the Ontario Teacher’s Pension Plan and Temasek write off their investments in FTX, the recent downfall of centralised crypto exchanges may actually serve as the purge the industry needs.
Indonesia is the largest economy in Southeast Asia and home to tech success stories like GoTo and Bukalapak, but thanks to the market’s size and scale, we are only at the very beginning of its start-up story.
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.
Despite a growing sense of caution in the market, venture capital investors remain vested in Southeast Asia as nascent sectors catch the eye of sophisticated investors.
Singapore's Temasek is taking part in a new fund under climate-focused investor founded by Bill Gates; Korea's NPS is looking for a new CIO as the previous' term ends; Canadian CDPQ invests in Japanese developer of renewable energy; and more.
Bonds look relatively more attractive, says KIC CEO; CPP Investments and Ontario Teachers’ Pension has increased their investments into Indian highways; and more.
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.
Temasek thinks market valuations have not yet priced in a global economic recession; Ontario Teacher’s Pension Plan has announced plans to double its headcount in its Singapore office for Asia expansion; Samsung insurance firms have committed to a $650 million mandate into alternative assets managed by Blackstone; and more.
Malaysia’s KWAP aims to increase its overseas investments; Singapore’s GIC will take a majority stake in luxury beach resort group; Korea's KIC posted double-digit returns for the first half of 2022.
Singapore's GIC wants to buy the only the only REIT which Buffett has invested in; NZ Super Fund has shifted about 40% of its overall investment portfolio to market indices that align with the Paris Agreement; CalSTRS committed $825 million to funds investing in Asia Pacific real estate during the first half of 2022.
Five Australian superannuation products failed to meet the performance benchmark this year, including four that failed for the second time; Singapore's GIC has led Indian space-tech startup series B funding round; Korea's NPS gets new CEO for three-year term.