The sovereign wealth fund has become more cautious about private asset investing, worried that they may struggle to outperform its reference benchmark, net of an illiquidity premium.
The National Bank of Cambodia has seen its reserves swell by 20% to 30% a year. That’s leading it to invest in US Treasuries but also renminbi bonds and gold.
AIA’s group CIO said at AsianInvestor’s Asian Investment Summit that there's now a “massive gravitational pull towards passive” since active managers aren't proactive enough.
The A$33 billion ($22 billion) superannuation fund continues to seek renewable assets, but mounting competition could introduce more volatility into Hostplus’s infrastructure portfolio.
HK Financial Secretary Paul Chan said in his budget speech that he will seek to make the fund's investments more diversified in order to boost returns.
Australian report highlights superannuation industry flaws; CapitalLand acquires Ascendas, China doubles QFII quota limit; Korea's NPS sets up stewardship division, and more.