Australia's Future Fund gains 4.5% AUM in first quarter; Chinese investors in talks to buy a stake in Saudi Aramco; Hong Kong's Exchange Fund makes $1.49bn quarterly gain; Korea's NPS could divest from coal-related investments; Temasek, GIC and other pension funds in talks with UK government to fund British green energy projects and more.
Insto roundup: Temasek backs Indonesian medtech startup; GIC and Sequoia India lead $150m funding round
Boe Pahari to leave as AMP Limited demerges; Temasek backs Indonesian telemedicine startup; Korea Post and GEPS looking to hire fund managers; GIC and Sequoia India co-lead funding for Razorpay; AustralianSuper appoints senior manager of portfolio strategy; Thailand's new pension fund to draw $1.7 billion; Taiwan fines fund houses over BLF bribery scandal; CPPIB doubles investment in Korean logistics JV
Rest Super names two new investment heads; BlackRock names co-heads of sustainable investment for Apac; AIA appoints Cambodia chief; Barings names head of institutional sales for Greater China and SE Asia; MUFG hires Asia head of ESG finance; and more.
AUSfund to close; Michelle Boucher shifts from Cbus to First Super; Adia and CDPQ become anchor investors into Indian property developer Macrotech; Indonesia's president sets $200b size for new sovereign wealth fund; Mitsui Sumitomo Insurance to invest $4.55b via new M&A fund; Netherlands' PGGM commis A$350m to Australian property fund and more.
China Pacific Insurance appoints new chairwoman, COO; AMP's CEO to leave by third quarter; Robeco announces duo in senior China roles; Axa IM hires head of institutional sales for Asia; GLP names co-president for logistics; BlackRock sells onshore Korea distribution business; Income Partners poaches head of distribution from Vanguard; and more.
CPPIB to hire its first head of Apac operations; Mubadala building ESG investment team; Sun Life names president of international hubs and HK CEO; HKMA appoints deputy chief executive; KKR appoints head of Australia and NZ real estate; Knight Frank names global capital markets head; Fortius hires head of capital and business development and more.