Experts say the recent changes of chief executives at state investment funds PNB, EPF and Kwap all have similar explanations, with Khazanah potentially being next.
Malaysia's flagship pension fund hits $250 billion with the help of strong returns from overseas, private and externally managed investments, says its outgoing CEO.
BLF chief steps down; Temasek appoints new CEO; EPF replaces CEO; BlackRock names new Asia Pacific head; CIFM appoints new fund manager; M&G hires HK intermediaries head; Amundi creates OCIO division; Schroders names new Australia CEO; BNY Mellon WM closes HK office; HKEX appoints new CEO and more.
Pension fund investors are in for a shock, with global equity market falls reducing their assets. There are a few ways they can react to minimise falls and maximise returns.
AustralianSuper CIO warns of low returns; China brings forward lifting of foreign ownership limits; GPIF reports profit; Korea Post, APG invest in property debt; EPF eyes UK property; GIC, Mid East SWFs focus on Asia; global SWFs up bond exposure; and more.
Hostplus teams up for PE; NPS pressured on governance; EPF, Kwap keen to make more overseas investments; GIC takes a liking to Brazil; FWD in talks with SCB over life insurance business acquisition, and more.