They are urged to court sovereign wealth funds in frontier markets as established players increase in-house expertise. All the same, SWF volumes have tripled in five years.
The Aussie developer, partly owned by China’s CIC, chalks a big profit for investors in its logistics fund on imminent completion of a Hong Kong development.
Meanwhile, the Singapore sovereign wealth fund pares exposure to Europe and the US, citing an uncertain long-term outlook.
The sovereign wealth fund has introduced new leadership at its three investment subsidiaries in a widely expected move, strengthening its reach into emerging markets.
Last week GIC celebrated its 30th anniversary and enlisted a roster of speakers, including from other sovereign wealth funds, to provide it with ideas.
The move is in line with the Singapore sovereign wealth fund's bullish forecasts for developing economies, says chief investment officer Ng Kok-Song.
Singapore-based GIC signals its intention to focus on investments in India by appointing veteran real estate investor Kishore Gotety as country head.
Asian countries generally feel a multilateral international order is critical to their long-term growth, says Tony Tan of the Singapore sovereign wealth fund.
Chinese and Indian individuals would rather see foreign investment from private equity or hedge funds than from sovereign wealth funds.
Pang Cheng Duan becomes Singapore head of fixed income, having previously worked for the Monetary Authority of Singapore and the city state's largest sovereign wealth fund.
Asia's financial institutions should take advantage of an unusually open playing field, says Tony Tan of Singapore's Government Investment Corporation.
Asian SWFs have overtaken Middle East government investment arms as the largest acquirers of assets this year, and the biggest increase in spending is in the natural resources ...
But sovereign wealth funds can help rebuild economies, assuming capital markets remain open, says Tony Tan of the Government of Singapore Investment Corporation.
GIC, Singapore's biggest sovereign wealth fund, says it has recovered half of last year's losses and indicates increasing allocation to alternative investments.
Lim Chow Kiat has been named president for Europe, while Lim Weng Kin becomes president for the Americas.
The sovereign wealth fund's deputy chairman Tony Tan notes that there are serious unanswered questions about the role of markets and the state.
The investment management firm appoints new chairpersons for its real estate and asset management businesses.
Temasek says Ho Ching will stand down as CEO later this year and be replaced by former BHP Billiton boss Charles Goodyear.
Tony Tan, GIC’s deputy chairman, expects the next few years to be the most challenging for Singapore’s sovereign wealth fund since its creation in 1981.
GIC Real Estate and US-based hospitality company Host Hotels & Resorts create a joint venture to invest up to $2 billion in hotels in the Asia-Pacific region.