Besides carbon transition, renewable energy, energy efficiency technologies, and carbon credit markets are other key allocations for these asset owners.
Recording the worst quarterly investment return since April last year, the world’s largest pension fund was a net seller of equities in the second quarter.
The two Apac sovereign funds are focusing on renewable and clean energy infrastructure assets as part of their fine-tuned investment strategies.
CDPQ's Ivanhoe Cambridge hires ex-GIC real estate expert; NZ Super adds board member; Future Fund appoints chief people officer; BlackRock real estate CIO joins Singapore's Capitaland; AMP Capital hires MD for energy; Northern Trust AM names new CIO; T Rowe Price hires AU and NZ institutional head; Nuveen hires Southeast Asia institutional head; Citi names sustainability head in Singapore; and more
Insto roundup: Australia's Future Fund announces new investment strategy; China to set up third stock exchange
Australia's Future Fund develops new investment strategy; Aware Super looking for buyers for agribusiness portfolio; China to launch third stock exchange for small and medium businesses, and crackdown on mismanaged private funds; Kotec to hire asset manager for $130 million domestic bond mandate; Malaysia's EPF makes two senior appointments; SGX allows Spac listings; and more
The sovereign wealth fund has been reducing flexibility and increasing risk to the portfolio as the fund keeps a watchful eye on changes to the macro environment.