Nephew of Dubai ruler to open family office in Hong Kong; HK's single family offices estimated at 2,700; NPS eyes San Francisco office; Ontario Teachers' invests in India fintech start-up; and more.
Insurers
Kim Rosenkilde is set to leave in April, and a successor has been decided, AsianInvestor can reveal.
India is one of the best investment markets right now, the CIO of an insurance company told AsianInvestor.
Ping An Group’s investment chief also discloses the insurer's plans to add exposure to domestic venture capital, M&A, and multifamily rental properties, among others.
The Rockefeller Foundation teams up with Bezos Earth Fund to catalyse private capital in Global South’s energy transition, while Ping An and Temasek also see opportunities in renewable energy storage.
CIC names new CIO; BlackRock names China FMC head; Vanguard CEO to retire; Malaysia's military pension fund loses third key executive; GAM hires Japan distribution head; and more.
Ping An Insurance’s Benjamin Deng believes it’s going to be a ‘multi-year process’ for China to come out of the current development trough, but it won't be 30 years like Japan.
The Swiss insurer has committed to making its investment portfolio net-zero by 2050 and its Malaysian unit is already taking steps in that direction.
HSBC Life Hong Kong plans to deploy new capital into private equity and private credit investments over the next three years, its chief investment officer said.
Indonesia's SWF bulks up lending expertise; India budget's tax breaks to benefit pension funds and wealth funds; Australian regulator to carry out 'deep dive' review of superannuation sector's unlisted assets; KIC, GPIF, BLF post gains for 2023; and more.
Future Fund names chair; Insurance Authority adds executive director; Mark Mobius joins Chartwell Capital as advisor; PGIM's Asia ex-Japan head of institutional relationships group (IRG) exits, while Australia gets new IRG head; and more.
The Malaysian unit of the Swiss insurer spots local investment opportunities even as the global economy sits at the crossroads on growth and interest rates.