The chief executive's decision to step down after nearly 17 years ends an era of rapid evolution. New CEO Dilhan Pillay will need to accelerate Temasek's move into modern areas.
The Singapore fund's big exposure to China bank stocks hit its returns last year. Meanwhile, it aims to further boost its tech sector exposure, including by opening a San Francisco office.
The issue of a succession plan for Temasek boss Ho Ching has reared its head once more, following a management restructuring at the Singapore state investment firm.
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There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
ESG is no passing fad, as more investors are convinced that alpha can be found in ESG and regulators continue to introduce rules to lift ESG standards.
The Singapore-based fund house continues to enhance its technology platforms to better serve investors, while putting its ESG commitment into stronger actions.
Five asset managers get mandates from the Monetary Authority of Singapore that will see them setting up sustainability-focused operations in the city-state.
Sunsuper and QSuper appoint CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
Malaysia's Armed Forces Fund hires new CEO; Canada's Omers appoints Asia capital markets managing director; HSBC Asset Management creates alternatives unit, appoints CIO as its head; Bank of Singapore names global wealth head; Aware Super hires IFA head; Hong Kong names acting head for MPFA; Schroders adding to Asia ESG headcount; and more.
Stronger government actions are needed to meet the Paris Agreement goal of limiting global temperature rise to 1.5 degrees, investors such as Hesta and CDPQ signed in a statement.
The Canadian pension fund aims to more than double its regional infrastructure investments by 2026, particularly in renewables, data centres, fibre networks and satellites.
Greater China investors plan to increase exposure to exchange-traded funds, a new report finds, as HKEX waives fixed-income ETF fees and lists first ETF cross-listing with Shanghai.
Investors from China and the US are expected to continue buying assets in each other’s markets despite the blacklist of Chinese firms with military and surveillance ties.