Covid and digitalisation will have an impact on investments in Southeast Asian countries, although in the long run, the outlook is generally positive for the region.
Asset owners across Asia Pacific weathered some difficult market conditions in 2020. While most emerged from the year successfully, some notable exceptions suffered asset drops.
Insto roundup: Dai-ichi Life buys $119m climate bond; Singapore's PropertyGuru to merge with Richard Li-backed Spac
Hesta reports record 23% return for sustainable growth option; Aware Super reaches $110 billion in AUM; People's Bank of China to continue supporting ESG bonds; US-based Generate raises $2 billion from international pension funds; Korea's CWMAA looking to hire for foreign infra mandate; Temasek enters $103m JV with nanotech firm; and more.
Insto roundup: Dai-ichi Life invests in BlackRock green infra fund; Korea's GEPS awards mandates for overseas infra
The Australian's Asic launches ESG fund review for greenwashing; Cbus hires from Apra; Hesta hires from AMP Life; Dai-ichi Life Insurance invests $50 million in climate infra fund; Korea's GEPS awards $105 million overseas infra mandates; Teachers' Pension calls for bids; QIA increases Credit Suisse stake; and more.
Hesta hires Hostplus ESG head; Prudential head of HNW solutions joins Transamerica Life Bermuda; Chubb appoints Philippines country president; QIC chief executive to retire in 2022; Amundi adds ESG investment specialist; Aviva Investors expanded EM debt team with three hires; HSBC private banking regional head retires; and more
AsianInvestor reveals the reasons why we picked the first half of this year's most impressive local fund managers, across the region's leading investment markets.
Indonesia Hajj Fund Management Agency (BPKH) says that pandemic woes hit direct investment in 2020, but the fund remains firm in its commitment to using it as a tool to drive ESG change
GIC leads funding round for Indian insurer; Taiwan's BLF sees returns rebound; Korea's NPS adds two British investment firms as managers; HKMA to increase allocation to ESG stocks and bonds; US pension fund agency approves $300m to Blackstone Asia PE fund; UN PRI's chief executive steps down; and more
Harvest Global Investments' Asia equities head leaves; Schroders losing multi-asset deputy head to rival; Northern Trust names head of Apac; Singapore's Central Provident Fund names new chair; Amundi appoints Hong Kong CEO; MAS renews Ravi Menon as managing director; NZ Super makes general manager promotion; and more.
GIC to open new Sydney office; Japan's life insurers to ramp up allocations to foreign bonds; Samsung Life acquires stake in Savills IM; Indonesia's new sovereign wealth fund to invest in infrastructure; CPP Investments forms JV for mall in Kolkata; Goldman Sachs Asset Management to set up Chinese wealth management firm with ICBC; and more.
Swelling assets are prompting regional pension funds to look beyond home markets and outsource alternatives and ESG investments, say experts.
Rest Super mulls selling 50% stake in gas pipeline company; Australian super returns could drop amid high public market prices; several Dutch pensions cutting stakes in Chinese companies to protest Uyghur oppression; Japan's Nippon Life invests $230m in reinsurer; NPS and Korea Post plough $400m into KKR North America fund and more.
AsianInvestor is pleased to reveal the winners of its annual Asset Management Awards. For our third day, we reveal the standout fund managers in each major Asia market.
Insto roundup: Temasek backs Indonesian medtech startup; GIC and Sequoia India lead $150m funding round
Boe Pahari to leave as AMP Limited demerges; Temasek backs Indonesian telemedicine startup; Korea Post and GEPS looking to hire fund managers; GIC and Sequoia India co-lead funding for Razorpay; AustralianSuper appoints senior manager of portfolio strategy; Thailand's new pension fund to draw $1.7 billion; Taiwan fines fund houses over BLF bribery scandal; CPPIB doubles investment in Korean logistics JV
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 Dutch pension giant is looking to invest more in the Philippines, Indonesia, Vietnam and India, with a particular focus on infrastructure, renewable energy and natural resources.
The country's budding sovereign wealth fund needs foreign investment, but may struggle to offer levels of return. Would-be investors may instead invest to support geopolitical priorities.
Experts say the country's debut sovereign wealth fund needs full investing independence to attract international assets, but this appears unlikely according to current plans.
The big Canadian pension fund sees promise in the increasingly favoured region, while its even larger peer CPPIB has just agreed a new logistics tie-up in Indonesia.
The disease did not greatly impact the investing habits of the ultra-rich, but is driving them to consider more investing guidance, sustainability and succession planning, says a new study.