Insto roundup: CIC loses senior executive; Abu Dhabi to offload gas pipelines to instos
China's CIC helps launch €400m fund for European firms in China, but loses another senior executive; Japan's four top insurers face equity impairments and lower yields; Life Insurance Corp of India to cut investment target; CDPQ benefits from China equities but flags concerns; Abu Dhabi's oil company close to selling gas pipelines to investor consortium and more.
ASIA PACIFIC
Asia Pacific pensions continued to raise their exposure to foreign assets while focusing on investments in alternatives and equities, according to Mercer's Pension Asset Allocation Insights report for 2020 released on June 4.
South Korean retirement funds have the largest allocation to alternatives among those in Hong Kong, India, Indonesia, Malaysia, South Korea, Taiwan and Thailand. As at the end of 2019, it had a 12.1% allocation to alternatives, up from 11.3% a…
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