Ping An names new co-CEO; Former Ontario Teachers' executive takes on new role; BlackRock's China wealth management JV names new CIO; AIA hires group partnerships lead; GIC names deputy chairman; IFC appoints regional head in Asia; and more.
Alternatives
Insurers in the region are turning to private debt markets, as they adapt to a challenging macro environment amid lingering fears about inflation and recession, according to BlackRock's annual global insurance report.
Australia's third-largest superannuation fund aims to continue the success of its direct property and infrastructure strategies as it expands globally.
Private equity opportunities are being viewed more favourably, according to a newly released Goldman Sachs survey. Some Asian asset owners have also expressed interest in new investments but fundraising lags, hit by concerns over China.
KMXK Investment cites short-term macro risks as drivers of cautious stance as it remains bullish on region in the long run.
Hong Kong’s investment arm will give priority to investments in tech and advanced manufacturing after receiving over 100 investment proposals from venture capital funds and asset managers.
China Life Overseas and Manulife Asia will stick to pivoting portfolios towards fixed income assets into 2024 in preparation for a high-rate environment and evolving insurance rules.
Indonesia's latest co-investment aims to capitalise on global hyperscalers hoping to tap into a booming local consumer market. There is also scope to cater to excess demand from Singapore.
The industry is tightening both internal and external valuation procedures for unlisted assets, right on the heels of new regulatory guidance.
Qatar Investment Authority is bullish on certain sectors in India, with electric vehicle and retail investments leading those bets, a top executive from the fund said at an event in Singapore.
Singapore sovereign wealth fund GIC is doubling down on investing in certain sectors in China although it is becoming harder to have a top-down approach, Chief Executive Officer Lim Chow Kiat said at an event.
As international investors flock to multifamily residential properties in Japan, opportunities are still too good to pass up despite increasingly competitive demand.
