China sovereign fund buys ETFs to step up stock market boost; Korea national pension admits overstating responsible assets; Mubadala joins APG in life science real assets in China; MAS to streamline fund managers regulation; and more.
Temasek to allocate $10 billion to India over three years; INA inks deal with British International Investment; MFP inflows in H1 climb; GIC to acquire logistics facility in Japan; 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.
Korean Hanwha Life Insurance is set to kick off direct investment in overseas real estate via new subsidiary in the US; Singapore's Temasek launches strategic partnership in Brazil with local partner; Japanese insurers expand overseas with acquisitions; Tokio Marine partners with Singapore insurtech VC firm; and more.
With a new regulatory regime in the making, the lifers’ relatively high allocation to domestic equity will incur a higher cost, and selling off can be either boom or bust.