Stewardship and other sustainability principles have become key criteria in manager selection now, the chief investment officers at NTUC Income and Singlife said.
On top of having to deal with standard changes, insurers in the Asia Pacific have also had to manage a new paradigm shift in asset classes.
The central bank will invest with global private credit fund managers, marking the extension of the Private Markets Programme (PMP) to the asset class for the first time.
If the SFC clamps down on financial institutions, employees will not have a choice but to return, but it won’t help matters for the brain drain afflicting the industry.
Asset owners and managers alike have made net-zero commitments in recent years, but how well fleshed out are their strategies?
In 2012, we heard the now-familiar tune of asset owners moving towards alternatives in what was then a low-yield environment.
Most family offices in Asia are ready to get started with ESG impact investing, but the question they have is “how?”, according to Robert Kim of professional athlete Jeremy Lin’s family office.
The firm will be left with Shanghai as its only presence in Asia, but sources say its joint-venture business has been performing "tremendously well".
Inflation will continue to place pressure on assets, and the insurer will remain defensive On interest rates and equities, said CIO Mark Shi.
Managing director Ravi Menon also reiterated its stance on cryptocurrencies’ speculative nature and their risks to retail investors.
For all the frameworks and taxonomies that have emerged, the industry still lacks a gold standard for ESG investing, leaving investors to make do as social and regulatory pressures mount.
Up to 70% of newly deployed assets will be managed offshore, as the superannuation fund continues to grow its offices overseas.