The Australian pension fund has built its largest overweight position in the Japanese yen in years as it bets the Bank of Japan will hike rates faster than markets expect.
Asset owners are rotating towards private market assets, while sovereign wealth funds are being tapped to support national budgets and strategic industries.
GIC, ADIA and EQT exit Galderma in $6.28bn block trade; KKR, IMM Consortium Invest $2.23bn in SK Telecom’s AI data unit; Mongolia targets $2bn for AI and green data centres; Danantara commits $1bn to Partners Group private credit mandate; and more.
As people across developed Asia Pacific live longer, healthier and more independent lives, senior living is beginning to look less like a niche care category and more like a serious real estate opportunity, says M&G's Regina Lim.
Australia's SWF attributed its performance to long-term portfolio diversification and active risk management, although the earnings news was closely followed by Raphael Arndt's announcement of his imminent departure.
Kazakhstan fund preps bond roadshow; Malaysia PM orders probe into Khazanah investment arm; NFRA greenlights Hong Kong ETFs for insurers; Korea's NPS launches 30-person hiring drive; and more.