Having local partners in overseas markets means the Korean pension fund has continued its direct alternatives investment drive even during Covid-19. The focus now is on broadening these partnerships, its CIO tells AsianInvestor.
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The Korean Teachers’ Credit Union is exploring to build out the collaboration with its Californian counterpart. The initial joint venture solves logistical issues that emerged during the Covid-19 pandemic, the Korean investor tells AsianInvestor.
Singapore's GIC wants to buy the only the only REIT which Buffett has invested in; NZ Super Fund has shifted about 40% of its overall investment portfolio to market indices that align with the Paris Agreement; CalSTRS committed $825 million to funds investing in Asia Pacific real estate during the first half of 2022.
Despite an existing and sizeable allocation to China public equities, the second-largest pension fund in the US is looking to appoint specialist fund managers.
Korean Teachers’ Credit Union has signed a second real estate partnership agreement with a Californian counterpart; Singapore’s sovereign wealth fund backs third fund in series focused on Australian logistics assets; the investment firm that manages part of Alibaba co-founder's fortune is retreating from US stocks as it increasingly focuses on private markets.
The Korean and US pension plans see benefits of favouring peers over external asset managers, as their latest partnership show.
The latest multifamily housing investment with California pension fund brings desired diversification to the Korean asset owner’s real estate portfolio, its CIO says.
The CIO of the $234 billion US pension fund told AsianInvestor how much it could save by insourcing more investments. But building the requisite team may not be easy.
China is looming larger on the radar of California’s $234 billion pension fund for teachers, as it undertakes a major portfolio management overhaul.
Doubts persist over Japan’s commitment to boardroom change, says fund house Hermes, but progress is being made, aided by the country's Government Pension Investment Fund.
If asset managers and owners in Asia are to incorporate climate risk into their investment modelling processes, they will need more regulatory certainty on the issue, say consultants.
