AustralianSuper concerned about US renewables if Donald Trump gets re-elected; China-based AIIB invests in India renewables; GPIF plans to expand active stock investing; and more.
GPIF eyes raising active allocation to stocks; Hong Kong's MPF posts first positive result in three years; NPS reportedly logs highest-ever annual returns in 2023; India's GIFT city allows family wealth fund to invest overseas; and more.
Insurers in the region are turning to private debt markets, as they adapt to a challenging macro environment amid lingering fears about inflation and recession, according to BlackRock's annual global insurance report.
China's SWF sells UK real estate at losss; Canadian pension OTPP acquires majority stake in potato and onion supplier; AllianzGI files application to operate in China's funds market; MAS plans support for private credit development in Singapore; and more.
Ontario Teachers’ Pension Plan pauses direct investing in private assets in China; Japan's Meiji Yasuda Life Insurance and venture capital firm establish fund; GIC and Oak Street close $15 billion REIT acquisition; and more.
China Investment Corporation is merging a unit overseeing billions of dollars in private equity and infrastructure investments into its main operations; Australian superannuation plan targeting women has shut down after three years; Taiwan's Cathay Life commits to PE fund vehicle; Chinese state-backed firms take over Sino-Korea Life; and more.
With a new regulatory regime in the making, the lifers’ relatively high allocation to domestic equity will incur a higher cost, and selling off can be either boom or bust.
As interest rates have started to move, the larger Japanese life insurers consider either unhedged US investments, or aiming for the eurozone.