Inflation and economic uncertainty are leading to dwindling opportunities for investors, top executives from both institutions told AsianInvestor.
Four of the five most-read stories were related to Australia, including Vanguard's entry into the pension market and Canadian pensions' plans in real estate. Family offices also offered insight into private asset investment plans.
AustralianSuper reshuffles investment leadership team; SFC welcomes first female CEO; PineBridge appoints Southeast Asia institutional sales head; ICG forms APAC infrastructure investment team in Singapore and Sydney; Milliman names head of life insurance consulting for Indonesia; and more.
NGS Super chief executive retires; Raffles Family Office taps veteran real estate strategist; WTW appoints Sean Deehan as leader of Hong Kong and Macau; Frasers Property creates new group function, appoints CIO; and more.
The first batch of pension providers, including China Life, will join Hong Kong’s MPF’s new electronic platform next year; Ontario Teachers' Pension acquires majority stake in private hospital chain in India; head of Korea's sovereign wealth fund's investment strategy and innovation division is named its new chief investment officer; and more.
NGS Super strengthens investment team; China's PICC promotes Zhang Jinhai to vice president; AustralianSuper relocates PE head to New York; State Street appoints new Korea head; Allspring opens Tokyo office with new hire; T. Rowe Price bolsters Asia institutional business with new hire; Ageas hires Christian Choi as regional director; China VC fund leader becomes HSBC board member; Malaysia's Mavcap hires new CIO; Colliers Apac IT director; Singapore's HG Exchange appoints chairman.
Up to 70% of newly deployed assets will be managed offshore, as the superannuation fund continues to grow its offices overseas.
GIC partners with Omers Infrastructure and Wren House to jointly acquire Direct ChassisLink; Japan's Government Pension Investment Fund (GPIF), the world’s largest, posted its first quarterly loss in two years; AustralianSuper delivered a -2.73% return for the fund’s balanced option for FY2022; and more.
Super funds in Australia and New Zealand are eyeing international social housing investments, but associated risks mean that most investors in the nascent sector still favour opportunities in the domestic market.
The China Investment Corporation released guidelines on reaching carbon neutrality at the portfolio level in the next five years and beyond;China will allow foreign institutional investors to trade bonds after record selloff; Westpac is transferring its superannuation funds to Mercer Super Trust; Korea's Government Employees Pension Service chooses alternative investment head at Samsung Life as new CIO.
Horizons Ventures to open family office in Singapore; AustralianSuper expands private equity investments over the next two years; CDPQ real estate arm Ivanhoe Cambridge to invest $1 billion in green digital infrastructure project in India with Bain Capital and Lodha Group; and more.
Major asset owners, such as APG, NZ Super and AustralianSuper, are looking to invest in data centres in Asia even as the demand for these assets outstrips the current supply.