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.
Attitudes about nuclear power have changed but structural barriers to investment remain, says Ernest J Moniz, former US Secretary of Energy at Temasek’s Ecosperity in Singapore.
In selecting the climate technology companies to invest in, the state investment firm looks at factors such as risks, deployment costs, market acceptance, and the company’s R&D capabilities among others.
The new company will invest in technology-based and nature-based climate solution providers and companies or projects that help to develop an efficient, credible carbon ecosystem.
The sovereign investor believes engagement is a better way of helping portfolio companies focus on how to get to a decarbonised future.
Solar, green hydrogen and the mobility transition in particular offer investment opportunities within the energy transition space, Steve Howard of Temasek said.
Fullerton joins Hamilton Lane and Partners Group in tokenising funds on the platform, to tap new sources of capital.
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
Volatile geopolitics, unpredictable monetary policy and generational differences in priorities means sovereign wealth funds will have their work cut out for them in the coming decades.
Norges Bank Investment Management, GIC and the Abu Dhabi Investment Authority are among anchor investors in the initial public offering of Life Insurance Corporation (LIC) of India; Future Fund warns of heightened risks as it reports -1.5% returns for Q1 2022; Five Japanese insurers invest $367.3 million in World Bank sustainable bond; and more.
China Life Insurance appoints new president; Solmaz Altin joins Prudential from Allianz; Temasek director appointed chair of ESG committee at SVCA; Manulife IM Asia CIO for real estate to depart in June with Jessie Liu appointed as his replacement; JP Morgan AM hires from AllianceBernstein; Cbus appoints head of retirement and product governance; and more
Singapore sovereign wealth fund GIC takes up 49.9% stake in Wee Hur’s student housing portfolio in Australia; China's Sunshine Insurance reportedly looking to list on HKEX in potentially the largest IPO of the year; New China Insurance issues a warning that its first-quarter profit might decline 70%; and Temasek sends stern warning on corporate governance to portfolio companies; and more