Taiwan's BLF shortlists six managers for local equity mandate; GIC purchases stake in European hotel chain; China's state-run basic pension fund posts 2022 results; Japan's GPIF posts loss in September-ended quarter; and more.
Hong Kong's MPF investments gain from US equities; Singapore's MAS announces more incentives for single family offices; Hong Kong's insurers move one step closer to a risk-based capital regime; Roojai to acquire FWD General Insurance in Thailand; and more.
The pension fund's pivot to domestic investments could affect returns negatively since a significant chunk of its investment income is currently derived from overseas exposure.
Temasek announces FTX review outcome; INA keen to build modern warehouses in Indonesia; Malaysia's EPF directed to lift domestic investments in portfolio; CPPIB stresses importance of China exposure in overall strategy; and more.
Higher shares of alternatives and potential early release schemes has made liquidity a force to be reckoned with, research shows. Could handling that become a C-suite function?
The state-owned retirement scheme's challenge on the investment side will be to manage liquidity, an issue that other pension funds in the region also face.
Even as hopes grow that the developed world might be nearing a peak in the interest rate hike cycle, stagnating growth will pose challenges to asset allocators as they position portfolios for 2023.
Hong Kong officials plan roadshow to woo wealthy families in the Middle East and Europe to set up investment offices in the city; Japan's GPIF has hired its second overseas real estate manager; Singapore's GIC extends investments in Australian logistics; and more.
Having set out clear stewardship principles, investors are now pressuring companies and asset managers to deliver results.
The first batch of pension providers, including China Life, will join Hong Kong’s MPF’s new electronic platform next year; Ontario Teachers' Pension acquires majority stake in private hospital chain in India; head of Korea's sovereign wealth fund's investment strategy and innovation division is named its new chief investment officer; and more.
Much of Asia continues to lag the global standard when it comes to corporate governance, transparency and diversity. But significant progress has been noted of late.
Singapore’s Temasek leads a fundraiser of about $150 million for China’s JAKA Robotics; California Public Employees’ Retirement System makes an investment loss of 6.1% in the latest fiscal year; Korea’s NPS is under pressure from the authorities to help shore up the won; and more