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.
Australia's pension funds brace for withdrawals amid rout; China's CPIC boasted 22.7% AUM increase in 2019; Japan's GPIF to name new head; Korea's NPS estimates recent stock losses at $55bn; Korean investors halt investing in US midstream oil firms and most alternative assets; NZ Super to invest into volatility, despite losing $5.1bn this year and more.
Global insurers facing double-whammy, on investments and payouts; real estate tech luring capital; Korean instos pouring into stocks; Asian private credit fundraising on rise, bucks trend; Indiana state pension issues EM debt RFP and more.
As financial markets across the world struggle amid rising fears about a prolonged impact of the spreading coronavirus, we gained thoughts from investors on how best to respond.
AustralianSuper doubles PE, looks to VC as it gains cash inflows; Hesta to build in-house equities team; HKMA to adjust investments to match coronavirus impact; GPIF set to weigh up foreign bonds, partners with Calstrs and Universities Superannuation Scheme to push sustainable investing; coronavirus stokes travel concerns among asset owners and more.
Coronavirus keeping fund managers and clients apart; AustralianSuper to raise offshore alternatives investing; China pension deficit expected to widen; global investors urge Tokyo to cut emissions; KDB faces deadline to sell life insurer unit; Malaysia eases private retirement scheme investing rules.