Experts eye real estate equity, Reits and developments backed by big names as fears of property bond defaults mount and Chinese regulators clamp down on a major insurer’s alternative investments.
China's sovereign wealth fund's 2020 returns may have declined, but the fund remains upbeat about US equities, external managers and the prospects for the Greater Bay Area
Australian Catholic Superannuation and NGS Super abandon merger plans; ASX 200 has no all-male boards for the first time; CIC posts 6.82% 10-year net returns; Cambridge Associates applies for licences to conduct business in Hong Kong; Korea's NPS records 7.49% returns for H1 this year; Korea Post seeks managers for ESG stocks mandate; GIC invests in Hong Kong ESG data start-up MioTech; and more
Asia's largest asset owners will see their enormous assets swell even further in the coming decade. They risk becoming too large to effectively manage their money.
After posting a 12% annual return for 2020, China Investment Corporation is emphasising tie-ups with foreign fund partners to attract know-how and technology into its home market.
The sovereign wealth fund agrees that alternative risk premia strategies have their own merits, but is staying away from them despite years of active consideration.