US-based TIAA’s investment arm is ramping up its Asia presence after posting a record regional inflow of assets this year, its global CEO and Asia head tell AsianInvestor.
Last week, 160 people brought RepubliK bar on Hollywood Road (the former site of M1NT) to overflow as guests joined Asianinvestor and FinanceAsia for a cocktail party to celebrate the holiday season and the end of 2010. View photo gallery on right.
Traditional approaches to market and reference data management can be expensive to implement and run, which means more firms are now looking at alternative ways to handle data. At the same time, clients want to avoid having to re-invent the wheel and would like to follow standard practices – which is where Data-as-a-Service comes into play.
South Korea's National Pension Service and Singapore's GIC have signed up to the Asia Investor Group on Climate Change as momentum builds on sustainability issues.
Aware Super rolls out low-carbon benchmarks; Bridgewater's Ray Dalio to set up family office in Singapore; Korea's NPS hires more alternatives managers; Shin Kong Life cuts overseas assets at order of regulator; Indonesia's SWF seeks capital from US government and private equity firms; and more.
The Bermuda-based reinsurer plans to invest more into direct lending and private equity strategies, with a focus largely on the US but some exposure to Asia and Europe.