Brunei Investment Agency names head of real estate; Former Temasek CEO Ho Ching joins EQT Future's mission board; APG managing director for global real assets relocates to Hong Kong; Manulife Hong Kong appoints chief financial officer and chief product officer; Wayne Swan commences as Cbus chair; AXA IM appoints head of client group alts Asia; and more.
The chief executive's decision to step down after nearly 17 years ends an era of rapid evolution. New CEO Dilhan Pillay will need to accelerate Temasek's move into modern areas.
The Singapore fund's big exposure to China bank stocks hit its returns last year. Meanwhile, it aims to further boost its tech sector exposure, including by opening a San Francisco office.
The issue of a succession plan for Temasek boss Ho Ching has reared its head once more, following a management restructuring at the Singapore state investment firm.
The Singapore state fund has promoted internally to fill the role of chief executive of its management arm Temasek International, previously part of Temasek Holdings boss Ho Ching's remit.
Ho Ching will step down from most of her duties at the Singaporean sovereign wealth fund for three months, but the firm refused to give a reason for her absence. It follows the death of her father-in-law Lee Kuan Yew.
AsianInvestor profiles Archana Hingorani from IL&FS Investment Managers and Ho Ching from Temasek from our list of the most influential women in asset management.
The Singapore sovereign wealth fund will open offices in London and New York to exploit investment opportunities it sees emerging in the West.
The Singapore sovereign wealth fund posts a 16% drop in net profits, with a large exposure to the financial services sector likely a contributing factor.
The Singapore-based investment firm sees its portfolio decline by 7.5% due to the fallout from the financial crisis which it refers to as the worst crisis since the Great Depression.
During a luncheon speech in Singapore, CEO Ho Ching discusses succession planning and compensation issues as well as Temasek's strategy.
Nomura research on Temasek reckons changes are likely under incoming CEO Charles Goodyear and comments on the firm's returns on its financial sector investments.