Tag : blf

Singapore's GIC leads a $135 million fundraising round for US-based energy solutions firm Powin; Alberta Investment Management Corp is setting up its first Asian office in Singapore with an eye on Asian private equity; Ontario Teachers’ Pension Plan Board will acquire a 70% stake in New Zealand's TowerCo; and more.

Sumitomo Life Insurance hands $22 billion foreign corporate bond mandate to US-based Symetra; Singapore’s GIC ups stake in India-based Phoenix Mills with $50 million new capital injection; Eight Taiwan pension funds report total investment loss of $8.4 billion from January through May; and more

Singapore’s GIC teams up with Dutch pension fund APG to acquire a substantial stake in hospitality brand The Student Hotel valued at $2.22 billion; Omers Infrastructure plans to take over Australian mobile tower assets developer Stilmark for undisclosed sum; Malaysia's Employees Provident Fund reported an 18% decline in gross investment income for Q1 2022; and more.

India’s Life Insurance Corp initial offering was oversubscribed 2.95 times, with participation from Norges Bank Investment Management, GIC, ADIA, and domestic funds; the Saudi Public Investment Fund will allow investments in Israeli companies for the first time with a $2 billion commitment in private-equity firm Affinity Partners; Hong Kong's Exchange Fund posts $7 billion quarterly loss; and more

Singapore sovereign wealth fund GIC is leading a $240 million Series D funding round for open source technology company Grafana Labs; South Korea’s Yellow Umbrella Mutual Aid Fund is seeking managers for a $328 million real estate mandate; Hong Kong's Mandatory Provident Fund (MPF) posted HK$76.2 billion loss in the first quarter of 2022, and more.

The $200 billion pension fund is balancing exposure to the surging Taiwan stock market with further steps towards ESG integration.

Japan's GPIF posted 0.98% investment return in the second quarter ended September; Taiwanese pension funds overseen by BLF report 5.75% return for the first nine months of 2021; Abu Dhabi Growth Fund signs agreement with Indonesia Investment Authority; OTPP allocates 25% stake in road infrastructure in India; and more.

The Taiwanese pension fund manager has evolved a smart beta strategy that has showed its worth in a variety of market conditions. The key to success? Rotation.

The results posted by the Bureau of Labor Funds (BLF) in Taiwan fell short of the benchmark index, and one analyst urges more to be done particularly after last year’s scandal.

Taiwan's largest pension is taking a conservative approach in the current Covid climate, announcing fewer new mandates and potentially delaying renewals to maturing ones.

Taiwan's Bureau of Labor Funds is expected to thoroughly revise its internal rules as its new chief takes office. The state pension fund will likely invest more in local ETFs too.

BLF chief steps down; Temasek appoints new CEO; EPF replaces CEO; BlackRock names new Asia Pacific head; CIFM appoints new fund manager; M&G hires HK intermediaries head; Amundi creates OCIO division; Schroders names new Australia CEO; BNY Mellon WM closes HK office; HKEX appoints new CEO and more.