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.
A Calpers investment director and the former CIO of GPIF said policymakers should mandate disclosures and establish carbon emission targets, to embed climate change in investing.
Wealthy individuals are increasingly shifting assets out of the city and considering moving themselves elsewhere too, amid rising sanctions and lost confidence, say financial advisers.
China’s banking sector will have a higher non-performing loan ratio in coming years, but good profitability, strong liquidity and adequate capitalisation will enable the major lenders to absorb unexpected credit losses.
Charles Ong, chief strategist and former CIO at Temasek, will lead what could become Asia's biggest hedge-fund platform.
The consultancy is charged with designing a private pension scheme.