Why Poba chose seven PE firms for new mandates

The country is seeing a combination of its own local asset owners and more international players looking for private equity opportunities. But deal flows are down, while risks are rising.

Canada's OTPP seeks hiring spree in Asia amid investment push - and scouts for green energy and airport investments in India; China's Anbang aims to sell its Japan property portfolio; Tokio Marine to acquire Malaysia insurer and merge with its business; Singapore to raise retirement age to 65; Thai Life acquires 35% of Myanmar insurer, and more.

China's second-largest life insurer also upped its investments in a selective number of stocks, according to its latest interim results.

By enlarging their investment scopes, the regulator is also paving the way for them to expand their businesses in China