Insto roundup: BLF fund to run dry; UK instos eye China
GPIF suffers largest-ever quarterly loss; Korea's GEPS seeks bond ETFs; NZ regulators slam life insurers; BLF fund set to run out of money; UK instos show interest in Chinese stocks, and more.
![Insto roundup: BLF fund to run dry; UK instos eye China](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2F20180731014302_Reader%20reaction%20news%20Jolie%20Ho%20lookalike.jpg&c=1&h=677&q=100&v=20245801&w=1204)
AUSTRALIA
Corporate super fund IAG & NRMA Superannuation Plan, which serves employees of the Insurance Australia Group and NRMA Motoring & Services, will be outsourcing its investments and administration to Sunsuper as the corporate fund’s chair, David McClatchy, told members that “the fund could no longer operate as a standalone corporate superannuation fund”.
He said that members of the fund will be shifted to Sunsuper and the plan will be discontinued in its current f…
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