Singapore's GIC teams with a listed REIT in India to purchase commercial properties; Indonesia's SWF to deploy $3 billion by end of year; NZ Super tops up hedge fund exposure; and more.
Tag : lic
GIC to invest more than $800 million to acquire logistics facilities in Japan; Korea Post mulls second overseas office; Hong Kong MPF's offset mechanism to end on May 1, 2025; and more.
India's state insurer LIC traded down on debut after blockbuster IPO; Temasek-backed e-commerce platform Zilingo fires chief executive Ankiti Bose amid investigations into financial irregularities; Australia's Unisuper and Australian Catholics Superannuation enter agreement to explore merger; and more
India’s Life Insurance Corp initial offering was oversubscribed 2.95 times, with participation from Norges Bank Investment Management, GIC, ADIA, and domestic funds; the Saudi Public Investment Fund will allow investments in Israeli companies for the first time with a $2 billion commitment in private-equity firm Affinity Partners; Hong Kong's Exchange Fund posts $7 billion quarterly loss; and more
Asian pensions' assets surge; Local Government Super awards ESG bond mandate; FWD buys HSBC's stake in Malaysia JV; Korea Post looks to build infra, hedge fund assets; Life Insurance Corp of India mulls purchase of IDBI and more.
Nomura Asset Management makes a move into India, buying a 35% stake in the mutual fund business run by India's largest insurer.
The Indian insurance behemoth expects regulations to ease within 12 months.