The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Financials and healthcare have been spotted as promising sectors, while several tech IPOs are on the way, including a $2.2 billion fintech firm and a GIC-backed e-commerce startup.
EISS Super CEO resigns after failing performance test; China to launch wealth management pilots in four cities; Hong Kong's MPF grows 26% y-o-y; India's NIIF in talks to acquire and develop green energy assets; Korea Post to hire financial services firm; GIC, Baring Private Equity, IMM Private Equity to exit from Kyobo Life Insurance; Khazana to sell stake in Cenviro; EPF trims stake in oil palm planter; 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.
Allianz Real Estate is planning its very own pivot to Asia and is willing to back its ambitions to the tune of €4 billion in the coming years.
Boosted by China's Reit market development and a series of regional measures, investors are being encouraged to utilise listed real estate vehicles.
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.
The Canadian pension fund plans to increase its allocation to the region from 10% to 15% over the coming four years, even as its total assets under management rise.
The fear of missing out often leads investors to create a reactive portfolio made up of random opportunities, especially in venture capital, says one Indian family adviser.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.
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.
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
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.
China's CPIC aims to better invest into green projects; HKMA and PBoC carry out digital currency tests; Malaysia sues three institutions over 1MDB losses; Temasek to back IPO of JD Logistics; BlackRock teams with Temasek and China's CCB to launch wealth management unit in China; Cathay Life commits $500m to two private equity funds 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.
AsianInvestor gained the views of the Asia CEO and CIO of Allianz Investment Management on the rationale behind its recent Indian private credit investments.
Canada's CPPIB to acquire Indian solar assets into infrastructure trust; Beijing could shift trouble Huarong to Central Huijin Investment; GPIF of Japan to decide whether to use FTSE's benchmark bond index after China debt inclusion; GIC of Singapore and ESR Cayman to acquire $2.9b Australian property portfolio 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.
The German insurer's recent investment in Kotak’s real estate debt platform is the latest sign that global asset owners are continuing to eye Indian private credit strategies.
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.