Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.
The $95 billion Korean savings will set up a separately managed account for real estate debt investment early next year in order to shorten decision-making and help it win deals in a crowded market.
The enlargement of the Bond Connect scheme, announced on Wednesday (Sep 15), gives Chinese investors another option for allocating capital offshore.
Pandemic-fuelled turbulence and policy risk concerns will have little impact on the long-term investment value of the China stock market, making it attractive to international investors.
Under the Wealth Connect scheme launched on Friday, both mainland and Hong Kong markets are expecting higher capital flow between the two regions.
Experts eye real estate equity, Reits and developments backed by big names as fears of property bond defaults mount and Chinese regulators clamp down on a major insurer’s alternative investments.
China's sovereign wealth fund's 2020 returns may have declined, but the fund remains upbeat about US equities, external managers and the prospects for the Greater Bay Area
The country’s issuance of sustainable debt should flourish, but it needs to improve its rules, standards and research.
Insto roundup: Australia's Future Fund announces new investment strategy; China to set up third stock exchange
Australia's Future Fund develops new investment strategy; Aware Super looking for buyers for agribusiness portfolio; China to launch third stock exchange for small and medium businesses, and crackdown on mismanaged private funds; Kotec to hire asset manager for $130 million domestic bond mandate; Malaysia's EPF makes two senior appointments; SGX allows Spac listings; and more
Yin Haining and Markus Egloff join KKR as managing directors for its client partner group; QIC CIO to retire, promotes Allison Hill; Fidelity China President resigns; AIA Singapore appoints chief distribution officer; PE fund appoints VP of ESG and risk; Haitong International hires global head of asset management from Goldman Sachs; and more
Asian insurers and pension funds are partnering up with logistics experts to strategically invest in logistics real estate across the globe.
August's most read: Ping An to add $7.7bn in real assets; Nippon Life's PRI appointment boosts Japan’s ESG push
Ping An to push forward with real asset investments despite headwind; Nippon Life's PRI appointment boosts Japan’s ESG push; how crypto firm licences could prompt investments; global asset owners' growing appetite for Chinese government bonds; rating agencies in China under pressure amid bond defaults; and more.
Ping An Insurance’s net investment return slipped 0.3% to 3.8% in the first half, while another Chinese insurance giant China Life’s return was up 0.04% to 4.33% in the same period.
The mounting appeal of China's local bond market is being counterbalanced by its lack of quality research and paucity of good information about companies' ESG track records.
Australian Catholic Superannuation and NGS Super abandon merger plans; ASX 200 has no all-male boards for the first time; CIC posts 6.82% 10-year net returns; Cambridge Associates applies for licences to conduct business in Hong Kong; Korea's NPS records 7.49% returns for H1 this year; Korea Post seeks managers for ESG stocks mandate; GIC invests in Hong Kong ESG data start-up MioTech; and more
The China emissions trading initiative is confined to the country’s power sector but activity will take off as further industries are added.
State-backed Chinese investors will bail out Huarong Asset Management, which unveiled $15.9 billion losses; Hong Kong insurer FWD planning $3 billion IPO in the US; MPF posts 28% investment return and 35% jump in assets; Korea's Poba seeks two managers for multi-asset mandate; NPS divests entire 11.5 million shares in General Electric; Malaysia's PNB and Khazanah pledges to increase sustainable investments; and more
HSBC Asset Management names Michael Cross as global fixed income CIO; Jessica Jones has been appointed PGIM Asia head; Eastspring welcomes former HSBC Apac CIO; BlackRock names Apac index investments head; Haitong International launches family office business; Jupiter hires from AllianzGI; State Street names Apac collateral lead; and more.
SSF aims to use record results to allocate more to A-shares.
Investors should dig deeper into subsectors along the value chain to benefit from China’s carbon neutrality push, Asian equities experts said.