Hong Kong’s Securities and Futures Commission (SFC) and Hong Kong Exchanges and Clearing (HKEX) will soon unveil their initial study about transforming the city into a carbon trading hub that connects China with the rest of the world.
The former CIO of China Pacific Insurance Co (CPIC) had left the insurer in September for "family reasons". He previously worked at AIA and AIG.
This is the first of two stories that take a close look at China’s private equity market after rounds of regulatory crackdown on various sectors, and how foreign asset owners are reading all the changes.
Weekly investor roundup: AustralianSuper's former CEO Ian Silk joins KPMG; China to conduct probe on insurer's investments
Ian Silk joins KPMG as special advisor on ESG issues; Chinese government to conduct probe on insurers and their investments after discovering compliance issues; Ray Dalio's Bridgewater Associates raises $1.25 billion for its third investment fund in China; Korea's NPS posts 8% return for first three quarters of the year; Binance confirms talks with sovereign wealth funds; and more.
The Dutch pension fund manager sees more growth opportunities in Southeast Asia post Covid-19 but retains faith in China’s private equity market.
Future Fund appoints Toby Johnston as chief economist; GIC hires tech head from Credit Suisse; MAS adds Alvin Tan and Ng Wai King as board members; SoftBank promotes four managing partners; Mercer appoints Helen Leung and Kevin Jeffrey to the Hong Kong office; Haitong appoints head of investment strategy from UBS; and more
The SWF also aims to review and update its negative investing list on a regular basis to prevent systemic risk.
German firm launches bankruptcy proceedings against Evergrande.
The Abu Dhabi Investment Authority (Adia), in particular, is likely to deepen its reach, having already boosted its A-share holdings in the first half of the year.
Weekly investor roundup: Huarong to receive $6 billion bailout; APG to invest into HK real estate with Wang On
Chinese bad debt manager Huarong will receive a bailout totalling more than $6 billion; APG and Wang On Properties to invest $599 million into residential real estate in Hong Kong; Temasek cuts stake in Alibaba, Didi; Allianz becomes China's first wholly foreign-owned insurer; Samsung Life Insurance launches joint fund with Korea Post to invest in foreign blue chips; and more
NZ Super names head of portfolio investments; LGIAsuper CIO to depart; Fidelity Apac CIO to join Artemis; Willis Towers Watson expands investments team in Australia; Aviva Investors names real estate MD; UBS fixed-income portfolio managers to exit; Maitri adds investment counsellor; and more.
Regulators are putting banks and insurance firms under pressure to do more to tackle problems such as insufficient risk management, inaccurate information disclosure and inconsistent shareholder management.
Weekly investor roundup: GIC, APG invest $1 billion in Dutch hotel chain; AIA 'cautiously optimistic' about China tech
GIC, APG and KRC Capital invest $1 billion into CitizenM, a lodging company in the Netherlands; Mark Konyn of AIA says there are opportunities in China's tech sector; Singapore's MAS to pilot green digital platforms; Taiwan's BLF hires six local and foreign asset managers for CSR mandate; and more.
A recent survey from AsianInvestor’s Asset Owner Insights showed that China is among the top five destinations for Asian asset owners’ alternative investments in the next six to 12 months.
AIA Myanmar CEO joins Sun Life Vietnam; Active Super appoints Nathan Hagarty to the board; KIC head of real estate departs after two months in role; NPS loses infrastructure and real estate heads; QIC appoints chief executive; Eastspring adds two regional CEOs; Manulife IM makes China fixed income hires; Willis Towers Watson names head of Asia; and more
Two months after the official announcement of the Greater Bay Area's Wealth Connect, experts believe more needs to be done to strengthen regulatory cooperation and investor education.
Investors engaged in less ESG activism during a record nine months for PE dealmaking, but the market expects this to change.
Weekly investor roundup: GPIF posts 1% return for Q2; Taiwan pension funds' returns rebound after 5% loss
Japan's GPIF posted 0.98% investment return in the second quarter ended September; Taiwanese pension funds overseen by BLF report 5.75% return for the first nine months of 2021; Abu Dhabi Growth Fund signs agreement with Indonesia Investment Authority; OTPP allocates 25% stake in road infrastructure in India; and more.
Evergrande's liquidity problems and the pressure on rivals Kaisa Group and Fantasia to make debt repayments point to how refinancing in the property development sector will only become more difficult.
When it comes to properties, new build and old build present very different ESG challenges. AsianInvestor asked asset owners which they prefer and why.