HKEX to open London office; Partners Group lays off staff from Asia PE team; Australian Retirement Trust executive team overhaul; Ex-Allianz Real Estate APAC chief in new role; United Overseas Insurance names new CEO; and more.
Tag : hesta
Superannuation fund HESTA has called on the Australian government to use the 2023-2024 Federal Budget as an opportunity to address inequities in the retirement system.
Ontario Teachers’ Pension Plan pauses direct investing in private assets in China; Japan's Meiji Yasuda Life Insurance and venture capital firm establish fund; GIC and Oak Street close $15 billion REIT acquisition; and more.
Australian superannuation fund HESTA almost doubles its commitment to sustainability focused private equity investment program; Temasek in funding round for fintech startup focusing on rural India; and more.
Issuers from the region are leading demand for accreditation by the SDI AOP, an ESG platform launched by four global pension funds recently.
Australian pension funds continue to merge to increase scale and enable more investment options at competitive fees.
Several Australian superannuation funds have completed their mergers; lawmakers have filed a bill seeking to create a Philippine sovereign wealth fund; and more.
Singapore's GIC leads a $135 million fundraising round for US-based energy solutions firm Powin; Alberta Investment Management Corp is setting up its first Asian office in Singapore with an eye on Asian private equity; Ontario Teachers’ Pension Plan Board will acquire a 70% stake in New Zealand's TowerCo; and more.
Singapore's GIC is linked with KKR in a joint bid for the $5.6 billion Australia-based Ramsay Health Care buyout; Japan's GPIF is urged to tap on its $75 billion alternative investment war chest to grow start-ups in the country; Shenzhen-based insurer Funde Sino Life Insurance became the largest shareholder of National Trust; and more.
Singapore sovereign wealth fund GIC takes up 49.9% stake in Wee Hur’s student housing portfolio in Australia; China's Sunshine Insurance reportedly looking to list on HKEX in potentially the largest IPO of the year; New China Insurance issues a warning that its first-quarter profit might decline 70%; and Temasek sends stern warning on corporate governance to portfolio companies; and more
Hesta appoints new CFO; Lighthouse Canton hires head of global institutional sales and former GIC real estate PM; former China Huarong chair takes on top role at China Orient AM; Helen Huang joins Fidelity as China MD from Hwabao WP; UBS hires Raymond Gui to manage the lossmaking Asian high-yield fund; T Rowe Price hires fixed income specialist from JP Morgan; and more.
Interest in sustainable investments has not waned during the pandemic, but investors will need to find the right balance between returns and ESG values.
