Investing during macroeconomic uncertainty requires the ability to not only defend but also attack, according to the Malaysian federal pension fund’s CIO. A new transition plan is in place to help Kwap move faster to exploit the turmoil.
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.
Malaysia’s KWAP aims to increase its overseas investments; Singapore’s GIC will take a majority stake in luxury beach resort group; Korea's KIC posted double-digit returns for the first half of 2022.
Singapore's GIC wants to buy the only the only REIT which Buffett has invested in; NZ Super Fund has shifted about 40% of its overall investment portfolio to market indices that align with the Paris Agreement; CalSTRS committed $825 million to funds investing in Asia Pacific real estate during the first half of 2022.
The first batch of pension providers, including China Life, will join Hong Kong’s MPF’s new electronic platform next year; Ontario Teachers' Pension acquires majority stake in private hospital chain in India; head of Korea's sovereign wealth fund's investment strategy and innovation division is named its new chief investment officer; and more.
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.
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.
Hostplus teams up for PE; NPS pressured on governance; EPF, Kwap keen to make more overseas investments; GIC takes a liking to Brazil; FWD in talks with SCB over life insurance business acquisition, and more.
IMF gains RQFII approval; India's unit-linked insurance plans set for revamp; GPIF seeks alts strategy consultants; NPS bullish on foreign equities; Poba seeks JVs for real estate investing, and more.
The $34 billion Malaysian state pension fund has been revamping its leadership team, and the new CEO aims to build investment capabilities, say well-placed sources.