The third-largest pension fund in the world is still planning to reduce domestic equities despite calls from retail investors for it to support local stock prices.
The Korean state pension fund is pursuing a seemingly muddled strategy, investing in fossil fuel projects even as it says it will implement environmental, social and governance efforts.
The last two years have shown the volatility of the asset class. Korea’s national pension fund wants to change the odds in its favour, partly through more active stock ownership.
South Korea's public pension fund, the world’s third-largest, posted a negative return last year. But it's not the whole story; there's an alternative(s) angle.
We are identifying 20 outstanding executives who are driving the region's pension funds forward. Today, we feature leaders from Korea's NPS IM and AustralianSuper.
CPPIB, Omers and OTPP are busy hiring in the region for investment talent in credit, real assets and particularly equities. Omers is also planning to add office space in Singapore.
China Pacific Insurance appoints new chairwoman, COO; AMP's CEO to leave by third quarter; Robeco announces duo in senior China roles; Axa IM hires head of institutional sales for Asia; GLP names co-president for logistics; BlackRock sells onshore Korea distribution business; Income Partners poaches head of distribution from Vanguard; and more.
Although sustainable funds have seen increasing inflows amid growing environmental awareness and the spotlight on social issues due to Covid-19, the industry still lacks a standard definition of sustainable investing. Nicholette MacDonald-Brown, head of European blend equities at Schroders, explains the firm’s three-pronged approach of people, process and purpose.
The Singapore state fund recently bought into impact investing specialist LeapFrog, and is eyeing more investments that combine strong financial returns with a positive social effect.
Asset owners are interested in sustainable investments but they lack enough peer benchmarks and suitable products, according to a World Economic Forum white paper.
Swiss Re hires head of China asset management business; BlackRock deregisters its China WFOE; DWS names head of Apac insurance coverage; Amundi appoints first Asia sustainability officer; Manulife IM appoints senior portfolio manager for asset allocation; Morgan Stanley IM hires portfolio manager for A-shares; and more.
Special purpose acquisition companies (Spacs) have gained ground as financing vehicles for companies looking to go public. But Asian family offices have yet to make many investments.