KIC appoints new deputy CIO; SSGA loses HK head of ETFs; Ping An AM portfolio manager exits; Bridgewater China hires tech head; Vanguard names new Asia head; BlackRock hires Apac head of iShares; CBRE Greater China advisory head departs and more.
Taiwanese insurer Shin Kong Life will buy more foreign bonds this year with the exception of renminbi debt and will continue to underweight stocks, as it seeks to...
The incoming president of the world’s largest pension fund will need to oversee a freer hand in foreign asset allocation and appoint a new CIO, with Hiromichi Mizuno leaving.
The second-largest life insurer in Taiwan cuts its allocation to China bonds and raises its exposure to North America.
Asia Pacific insurers look weaker as markets collapse; Australia pension funds slash private asset valuations; Asian Development Bank invests $100m into India's sovereign wealth fund; GPIF's CIO leaves and it pushes into green bonds and real estate; Korea insurers prepare for mergers; Temasek's value plummets by one-third and more.
Rising lifespans and low fixed-income payments are creating a headache for pension funds. They need to adapt how they invest, even if some lessons run contrary to recent volatility.