Philippines' Social Security System gets new CEO; FWD taps risk chief from Axa; KIC makes changes to investment teams; Eastspring hires UOB veteran; Temasek, Future Fund execs join GPCA board; and more.
The CIO back then moved to an even bigger role, but reportedly missed out on the top investment job at the world’s third-largest pension fund.
The Korean sovereign wealth fund aims to increase its direct investment abilities with a minority stake in US-based Golub, marking its first acquisition of an external manager.
Japan’s life insurers are bailing out of foreign bonds at a record pace; Taiwan's Public Service Pension Fund sees ten months of consecutive losses; Korea Investment Corporation has made its first direct investment in an asset management firm; and more.
A round-up of the top five stories on asset owners and investment themes of the past month.
Hong Kong’s Mandatory Provident Fund scheme gets three more investment options; Korea's National Pension Service reportedly has two frontrunners to head its investment operations; new report says asset owners around the world are passively invested in companies that might be involved in Uyghur Muslims repression in China’s Xinjiang region; and more.
Public pension funds and sovereign wealth funds are too often seen as political footballs - it's high time their investment professionals were allowed to just do their job.
Korea’s sovereign wealth fund has recruited its latest head of real estate from Qatar's QIA, filling a position that had remained vacant for a year.
Singapore's Temasek is taking part in a new fund under climate-focused investor founded by Bill Gates; Korea's NPS is looking for a new CIO as the previous' term ends; Canadian CDPQ invests in Japanese developer of renewable energy; and more.
Bonds look relatively more attractive, says KIC CEO; CPP Investments and Ontario Teachers’ Pension has increased their investments into Indian highways; and more.
Hong Kong officials plan roadshow to woo wealthy families in the Middle East and Europe to set up investment offices in the city; Japan's GPIF has hired its second overseas real estate manager; Singapore's GIC extends investments in Australian logistics; and more.
The sovereign wealth fund is taking steps to align its portfolio to higher ESG standards by becoming the second Korean asset owner to join the UN-supported framework.