The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
Jin Yingzi, deputy director-general of the general office in Beijing, accepted the award on behalf of the organisation and its chairman, Xiang Huaicheng.
Jame DiBiasio, AsianInvestor magazine's editor, presented the award, citing the SSF's professional approach to investing the fund's assets. The $26 billion SSF has been established as China's fund of last resort for social security. Although many aspects of its mandate have not been determined - such as at what point the government will allow drawdowns, what measures can be used to finance it, and whether the SSF will assume responsibility for provincial asset pools - it has pursued a prudent, consultant-driven processs to diversifying its assets.
In November, the SSF made its first mandates to global fund managers. Terms were not disclosed but it is believed to have issued 12 mandates for around $1 billion in currency, global fixed income, US equities, global ex-USA equities and Hong Kong equities.
This was the first such set of mandates to emerge from China. The SSF has also pioneered domestic discretionary mandates for local fund houses, as well as private equity, with a stake in Bank of Communications, among others.
AsianInvestor also cited the SSF's work in improving fund governance and in promoting good corporate governance among listed companies in which it holds stakes.
This is the fourth year AsianInvestor named an Institutional Investor of the Year. The Hong Kong Jockey Club won the first award in 2004, followed by South Korea's National Pension Corporation and Taiwan's Shinkong Life Insurance.
Over 300 people attended the awards dinner on Friday, which was held at the Conrad Hotel.
Record low borrowing costs in Australia are feeding demand for the country's real estate, with domestic and global investors raising their allocations into the sector.
Experts have a diversified view on the appeal of private assets across the region, but one thing's for certain - inflows are rising, particularly into China and the US.
Malaysia's Armed Forces Fund hires new CEO; Canada's Omers appoints Asia capital markets managing director; HSBC Asset Management creates alternatives unit, appoints CIO as its head; Bank of Singapore names global wealth head; Aware Super hires IFA head; Hong Kong names acting head for MPFA; Schroders adding to Asia ESG headcount; and more.
Asian fixed income assets – including Hong Kong dollar (HKD) bonds – are luring growing numbers of global investors who are striving for reliable and consistent returns amid macro uncertainty compounded by rising inflation and rates, according to HSBC Asset Management.