Hazman Hilmi Sallahuddin has been made Kwap's new chief investment officer.
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.