Asset Owners

Insto roundup: Aussie supers plan $20b infra splash; NPS to add equities, cut bonds

Australia's superannuation funds earmark $20b for infrastructure projects; China Investment Corporation invests in US loans and healthcare and IT stocks; Saudi's Public Investment Fund hunts Covid-19 bargains; Sony buys out financial unit; Korea's NPS to shift five percentage points of its portfolio from debt to equity; Fubon Life invests $200 million across three private equity funds and more.