World

Insto roundup: AIA to cut all coal assets; GPIF criticised for cannabis exposure

CBIRC adds national security reviews to foreign ownership in China's insurance sector; AIA to exit all coal investments by 2028; GPIF criticised for marijuana investments; Australia names new superannuation watchdog; NPS commits $500m to Blackstone fund, denies reports it will hike its local stock allocation; Temasek's impact private equity unit invests in five companies and more.

Insto roundup: China plans new state pension firm; NPS criticised for local stock selling

China to create new retirement entity to tackle huge funding gap; Insurers worldwide expected to face climate stress tests; Proposed Q Super and Sunsuper group appoints new chairman and CEO; Retail investors blame Korea's NPS for falling Kospi; BLF of Taiwan to overhaul investment operations, picks five managers for $2.3b multi-asset mandate; GIC forms $1.2b net lease property platform with partners; and more.

Weekly roundup of people news, March 5

T. Rowe Price opens research office and appoints GM in Shanghai; MSCI replaces Apac client coverage head; StanChart appoints head of managed investments; lead HK equity manager leaves Fidelity; Adamas AM faces winding-up; MAS bans four executives; Indosuez names EAM and MFO head; and more.

Insto roundup: Future Fund chair slams central banks; Korean insurers under scrutiny

Future Fund's Costello decries tech stock bubble; Australian super funds not worried about inflation; Chinese investment into Australia lowest for decade; Korea's NPS returns 9.7%; Korean insurers to get more scrutiny of their investments; Khazanah injects capital into Malaysia Airlines; Temasek makes more China tech investments; GIC forms HK JV to acquire Shanghai site; CPPIB's Machin quits on vaccine scandal.