Insto roundup: NPS’s active stewardship; Japan insurers’ property push

The fund industry’s latest mega-takeover has big implications for the two firms and for their clients in Asia. AsianInvestor looks at issues that the deal raises.

Beijing will likely require asset owners play a bigger role in ESG investing as part of broader sustainability plans when it announces its five-year plan later this year, according to KPMG.

Australian super funds get called out for investing in and voting with shareholder proposals by fossil fuel companies; US senator calls for firing of Calpers CIO over his China ties; China's finance ministry to shift 10% of its holding in China Life's parent to NSSF; Life Insurance Corp of India's equity investing slides; Korea's NPS boasts 11% annual return in 2019 and more.

The latest multifamily housing investment with California pension fund brings desired diversification to the Korean asset owner’s real estate portfolio, its CIO says.