Malaysia

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.

Maulife IM picks up head of Greater China institutional coverage; Head of Australia and Apac real estate leaves Nuveen; Schroders names head of Singapore and Apac distribution; PNB's iconic chairperson steps down; Blackstone expands ESG team; Phillip Capital names first ESG strategy head; J. Safra Sarasin appoints former BNP Paribas wealth chair and more.

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

Permodalan Nasional Berhad’s latest annual report shows that its gradual increase in exposure to foreign assets does not appear sufficient to meet a stated end-2022 target.

Experts say the recent changes of chief executives at state investment funds PNB, EPF and Kwap all have similar explanations, with Khazanah potentially being next.

Malaysia’s sovereign wealth fund has been hit especially hard by Covid-19, to the extent that its chief executive and more of its overseas offices are seen as under threat.

Malaysia's flagship pension fund hits $250 billion with the help of strong returns from overseas, private and externally managed investments, says its outgoing CEO.

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.

The Malaysian state-linked unit trust manager has given factor-based global equity mandates to three fund houses and is mulling investing into new types of illiquid assets, say sources.

The state-linked fund manager’s foreign real estate holdings are largely in the UK, but that is set to change. It recently bought logistics assets in Poland and is eyeing other locations and segments.

The three investment organisations have been investing into internal technology and data through the pandemic period to become more efficient and spot investment possibilities.

The state pilgrims fund of Malaysia is set to expand its diversity of equity investments as part of a strategy to better diversify its investments to support the savings of hajj pilgrims.

The impacts of the pandemic have been more significant for some pension funds than others, prompting renewed talk of mergers between smaller funds.

PNB chief steps down, citing harassment; Barings hires first Asia property head to build new platform; AMP Capital names new CEO; ex-Value Partners exec joins HeungKong Financial; Brian Lou will run new UBS China bond fund; MSCI raids JP Morgan for Greater China head; Credit Suisse appoints heads of onshore China and of Asia Pacific trading; and more.

In the second part of our top fund managers by market explanations, we reveal why we chose half of this year's fund manager by market winners.

We describe why each of this year's top fund managers by Asia market stood out from their peers.

Malaysia's $72 billion government-linked fund manager plans to engage more external partners and add strategies in a three-year plan to build an "all-weather" portfolio.

The trade-off between the needs of today and the desires of tomorrow is challenging the retirement savings systems in Asia as Covid-19 forces early withdrawals.

The Islamic insurers’ need to preserve liquidity could leave them well placed to buy equities, once Malaysia finally emerges from the coronavirus pandemic.

The chief risk officer of Islamic insurance Prudential BSN Takaful tells AsianInvestor how volatilities can put the investment portfolio in peril and ways to fend off these risks.