Asset owners and fund managers intend to invest more into multi-family real estate across Asia and the US, as more young people forced to rent instead of buying expensive houses.
The country's pension funds are lagging behind their Asian peers for sustainable returns, leading to calls for Beijing to let them invest in more alternative assets.
GIC’s highest 20-year annualised real return since 2015 places it among the world’s five largest sovereign wealth funds.
Insto roundup: Dai-ichi Life buys $119m climate bond; Singapore's PropertyGuru to merge with Richard Li-backed Spac
Hesta reports record 23% return for sustainable growth option; Aware Super reaches $110 billion in AUM; People's Bank of China to continue supporting ESG bonds; US-based Generate raises $2 billion from international pension funds; Korea's CWMAA looking to hire for foreign infra mandate; Temasek enters $103m JV with nanotech firm; and more.