Singapore's MAS lists domestic systemically important insurers; Qantas Super explores merger options; CIC chairman sees need for greater sustainability certainty; KWAP to invest in Malaysia's startup ecosystem; and more.
The removal of tax exemption for sovereign fund investments would have massive implications for foreign fund flows. That hasn't stopped some countries from trying to change the rules.
CIC to gather advisers in Hong Kong; Malaysia's EPF posts 40% gain in investment income for H1; Australian regulator files suit against Active Super over greenwashing claims; MAS unveils stablecoin framework; and more.
China Investment Corporation and Silk Road Fund held talks with Saudi Arabia’s information technology minister, underscoring growing China-Saudi cooperation.
The swift adoption of ESG policies by sovereign wealth funds in China and Singapore has led to a surge in ESG assets under management in Asia, outpacing other major regions, according to a recent survey by Preqin.
CIC releases action plan for turning carbon neutral; Temasek acquires majority stake in Indian hospital group; Hong Kong MPF posts best quarterly result in four years; Philippines' SSS hands out fund mandates; and more.
China's SWF sells UK real estate at losss; Canadian pension OTPP acquires majority stake in potato and onion supplier; AllianzGI files application to operate in China's funds market; MAS plans support for private credit development in Singapore; and more.
CIC is not part of a consortium shortlisted for the infrastructure project, a source told AsianInvestor. The company that announced the consortium being shortlisted confirmed CIC's participation.
For the $1.35 trillion alternative-heavy China Investment Corporation, it could be just a matter of time before it surpasses the world's largest sovereign wealth fund Norwegian Government Pension Fund Global.
Back in 2014, China Investment Corporation had started expanding offshore private equity exposure, while the American pension fund actively sought Asia-based partners.