Asia Pacific insurers look weaker as markets collapse; Australia pension funds slash private asset valuations; Asian Development Bank invests $100m into India's sovereign wealth fund; GPIF's CIO leaves and it pushes into green bonds and real estate; Korea insurers prepare for mergers; Temasek's value plummets by one-third and more.
Pension funds may be reluctant to look further to equities, following the major market drops of March. But for genuinely long-term investors, stocks and alternative assets still offer appeal.
Rising lifespans and low fixed-income payments are creating a headache for pension funds. They need to adapt how they invest, even if some lessons run contrary to recent volatility.
As institutional investors begin to grapple with the risks of water scarcity amid a time of climate change, they will need help in evaluating their portfolio's exposure.
Water scarcity is emerging as a major climate challenge for institutional investors. While most attention is on the coronavirus impact, this stands to be a big longer-term concern.
Australia's pension funds brace for withdrawals amid rout; China's CPIC boasted 22.7% AUM increase in 2019; Japan's GPIF to name new head; Korea's NPS estimates recent stock losses at $55bn; Korean investors halt investing in US midstream oil firms and most alternative assets; NZ Super to invest into volatility, despite losing $5.1bn this year and more.