SWFs set to break records for VC investing
Global SWF’s first-half report revealed very strong deal-making activity by state investors, along with shifting investment habits and a rising interest in in-house start-ups.
Middle East
New Saudi fund to face scrutiny on governance, sustainability
Saudi Arabia wants to merge its General Organisation of Social Insurance (Gosi) with the Public Pension Agency (PPA). The new super fund will have to adhere to higher standards.
Sovereign fund governance - the good, the bad and the ugly
Asia Pacific institutions are among the top-rated funds in the latest survey of governance and sustainability practices. Other regional players are yet to come up to the mark.
Adia poaches Eastspring risk head for new analytics unit
Abu Dhabi Investment Authority has created a portfolio analytics group for its fixed income division and hired a senior executive from Prudential Asia’s fund management arm to run it.
KIC aims to scale up tech investing with San Francisco office
The Korean sovereign wealth fund is joining hands with Hyundai Heavy Industries to better sniff out and assess new technology investments in the US.
Mubadala and Cofides raise focus on carbon reporting
Senior executives at the Abu Dhabi and Spanish sovereign wealth funds outline how their institutions are working to measure and reduce their portfolios' climate impact.
Nuveen to open in Korea and Dubai, expand in China
US-based TIAA’s investment arm is ramping up its Asia presence after posting a record regional inflow of assets this year, its global CEO and Asia head tell AsianInvestor.
How HKMA plans to enhance Exchange Fund liquidity
The de facto central bank plans to increase the liquidity level in its portfolio. Experts say this could mean cutting its alternative asset exposure while raising its allocation to bonds.
Weekly roundup of people news, Sept 30
Saudi's Public Investment Fund hires Lazard AM's Mena head; Man GLG adds trio for new Asia strategy; Marshall Wace to open Singapore office; Baillie Gifford expanding Shanghai unit; MarketAxess raids StanChart for Apac head; and more.
SWFs shifting from property investments to private equity
Sovereign wealth funds’ allocations to private equity and private debt have risen, but those to real estate have fallen, according to Preqin data.
Behind Adia’s private equity investing overhaul
How Abu Dhabi’s flagship sovereign wealth fund is increasingly making direct private equity investments – with Asia a key focus – in what is a key trend among big asset owners.
Adia hungry for real estate in China and India
The head of real estate at Abu Dhabi's huge sovereign wealth fund explains why it is looking to build exposure to the two giant Asian markets.
Adia adds Asian and direct private equity exposure
Abu Dhabi Investment Authority is building its in-house teams and is focusing more on core PE manager relationships, but it sees potentially lower returns in the asset class.
The 50 biggest managers of Islamic funds
Malaysian asset managers' share of global sharia-compliant funds could overtake that of firms based in Saudi Arabia, according to AsianInvestor's annual ranking this year.
Gam replaces Asia head amid global shakeup
The Swiss fund house has named a new regional chief. His predecessor and the Asia head of distribution have departed, the latter to UBS Wealth Management.
Why LPs should be cautious about co-investing
The history of investors trying to make co-investments with private equity firms or even go it alone is strewn with casualties.
Weekly roundup of people news, Oct 28
HSBC PB rings changes at the top; JPM AM replaces property research head; Northern Trust hires fund services chief; Taiwan FSC replaces chair; Robeco adds wholesale exec; Nicholas Furze switches search firms; Zedra appoints Singapore head; Indosuez WM names Mid East chief.
Adia opens HK office, enhancing China access
Abu Dhabi's sovereign wealth fund has made Hong Kong its only overseas branch with the hire of a three-strong research team, continuing the buildout of its in-house capabilities.
The fastest growing (and shrinking) sharia fund managers
Last year saw a decline in Islamic assets under management globally, but some firms heavily bucked the trend both on the downside and upside, according to AsianInvestor research.
Abraaj PE chief on what investors want
Mustafa Abdel-Wadood, global head of private equity at Abraaj, talks about limited partner requests and why his firm prefers not to do deals alongside other general partners.
