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.
Experts overwhelmingly point to China as the market with the most potential for renewable energy, but asset owners have invested in other Apac markets such as Australia and India.
As more institutions integrate data into their investment processes, the challenge now is making sense of the data, panellists said.
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.
The financial meltdown of the family office has highlighted a need for greater risk control and a more cautious approach to portfolio diversification among its peers.
Swiss Re hires head of China asset management business; BlackRock deregisters its China WFOE; DWS names head of Apac insurance coverage; Amundi appoints first Asia sustainability officer; Manulife IM appoints senior portfolio manager for asset allocation; Morgan Stanley IM hires portfolio manager for A-shares; and more.
The Canadian and Korean asset management operations of two life insurers have agreed to jointly take advantage of rising institutional investor demand for Asian alternative assets.
A new piece of research by the Urban Land Institute and PwC says global investors are keen to pour more funds into the region, due to its economic strength and good demographics.
De-risking and green securitisation will help unlock much-needed institutional capital for sustainable infrastructure projects in Asia, say executives at multilateral development banks.
Spirit Super's chairwoman criticises 'pseudo-mergers'; India's NIIF investes $286m into hospital chain; Indonesia's new sovereign wealth fund commits to avoiding 1MDB's corruption problems; New Zealand Super appoints people for three newly created executive roles; Thailand's government prepares new pension fund for launch and more.
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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.
A range of issues prevent pension funds and insurers from fully embracing opportunities in infrastructure. A closer alignment of interests would help plug the gap, say regional players.
The country's recent coup leaves foreign investors with a dilemma. Do they pull out and risk hurting local people, or stick in a country that is now ruled by a junta?
CPPIB, Omers and OTPP are busy hiring in the region for investment talent in credit, real assets and particularly equities. Omers is also planning to add office space in Singapore.
The Singapore state fund recently bought into impact investing specialist LeapFrog, and is eyeing more investments that combine strong financial returns with a positive social effect.
Australia's Future Fund sees three senior executives leave; Australia Post Super discusses potential merger with Sunsuper; Indonesia's new sovereign wealth fund to get $10b from the United Arab Emirates; Dai-ichi Life invests $4.6m in immunotherapy startup; KIC of Korea opens San Francisco office; Vertex Holdings of Temasek looking to raise $800m; and more.
The unimpressive returns of alternative premia products of late are unlikely to attract regional asset owners to invest in them, despite their supposed advantages of diversification.
Asset owners are interested in sustainable investments but they lack enough peer benchmarks and suitable products, according to a World Economic Forum white paper.
Dry powder targeting Asia Pacific assets hit a peak last year, which has fuelled private equity investor concerns over high valuations, finds a Bain & Company report.