AustralianSuper promotes deputy equity head; StateSuper appoints senior manager for liquid alternatives; Afma appoints chief executive from Promontory Australia; Hang Seng Bank names new chief executive; HSBC appoints Southeast Asia head of sustainable finance; Ruffer to close HK office, head to retire; Bank of New Zealand CEO rejoins NAB as digital chief; and more.
Sydney Airport rejects second takeover bid by consortium joined by AustralianSuper; Australia's FSC launches new charter to boost female representation in fund management; China's privately offered funds hit $3 trillion; GIC invests in China warehousing and industrial real estate with ESR Cayman and APG; Japan's new university fund looks to invest in alts and foreign stocks; and more.
This month, AsianInvestor is running a series of stories on the decisions driving the choices of institutional investors as 10-year US treasuries drop further below zero.
Insto roundup: GPIF makes record cut to treasuries weighting; AustralianSuper to triple private debt investments
Omers to buy Indian renewable power producer; GPIF made record cut to treasuries weighting; AustralianSuper's private debt investments to hit A$15 billion by 2024; Hong Kong Exchange Fund's investment income recovers for H1 2021; China's securities regulator claims to seek closer cooperation with US; Allianz wins approval from Chinese regulators to launch asset management firm; and more
AustralianSuper, Aware Super and Cbus continue to be optimistic about equity returns after posting their best performance in decades, even as half of Australia goes under lockdown.
AustralianSuper posted a record 20.4% return for the past 12 months; Consortium including Future Fund acquires 49% stake in Telstra InfraCo Towers; AIA acquires stake in life insurance arm of the China Post Group; GPIF posts record return of 25.15%; Chikyoren hires Barings and Mitsui Real Estate Investment Advisors for property and private debt; and more.