Middle East

Danantara to acquire a stake in Indonesia Stock Exchange; PIF ramps up privatisation drive; GIC and Macquarie partner with Anthropic on US data centre platform; Singapore mulls $500m fund to climate-proof food system; and more.

GIC plans $1 billion private equity stake sale; Danantara prepares $500 million hedge fund allocation; Prime Super and Aware Super explore fund merger; and more.

ASFA names KPMG partner as board chair; APG Apac infra head steps down; Guardians appoints head of asset allocation; Franklin Templeton hires Apac chief; and more.

Legalsuper names CIO; Sun Life taps AI lead; Tower Insurance hires CFO; and more.

Shariah-compliant debt is evolving into a truly global asset class, supported by sustained dominance in the Gulf and Malaysian strongholds, and a push into new regional frontiers like the Philippines and Sri Lanka.

South Korea's SWF KIC opens an office in Tokyo; Danantara merges four asset managers; CEFC backs Tasmania forestry deal; and more.

QBE takes full control of India's Raheja QBE general insurer; Korea plans new investment fund using tax windfall from AI; Mubadala opens $25bn credit business to outside Investors; and more.

Canadian pension OMERS considers acquiring La Trobe Financial; Japan’s Nationwide Business Corporate Pension Fund to allocate 1% of AUM to crypto; Indonesia introduces legal and tax immunity for Danantara bond purchases; and more.

Geopolitical tensions are prompting family offices based in Dubai to split their risk by expanding operations into Singapore and Hong Kong.

Oil has drifted lower since the Iran war spike in March. Defence budgets and central bank gold purchases have not. The divergence is reshaping the emerging market investment case.

Australian superannuation body ASFA signs G7's critical minerals projects agreement; Indonesian SWF Danantara expands mandate; explores sale of 30-year bonds; Philippines' SWF Maharlika's Q1 net income drops 75% YoY; and more.

ART commits $3bn to property; KWAP reappoints BNY as custodian; Income Insurance awards $8.6bn FX mandate to Russell Investments; and more.