JPMorgan Chase settles claims over role in 1MDB scandal; Temasek eyes restructuring operations into three units; ASIC files lawsuit against Mercer; ART acquires over 5% of gaming company Tabcorp.
Australia's Vision Super is divesting its $3.3 million stake in G8 Education following serious child abuse allegations at one of the company's childcare centres; Igneo Infrastructure Partners has raised $260 million (A$400 million) from Australian super funds.
NZ Super and infrastructure investment company Infratil are selling retirement village operator RetireAustralia to Invesco Real Estate; Brunei's sovereign wealth fund is reportedly buy a 20% stake in Bridgewater Associates' parent.
Singapore's SWF sells 35% stake in its India joint venture to French majority partner Schneider Electric for $6.4 billion; Australia’s superannuation fund Rest to put $150 million in climate investment specialist Wollemi Capital.
Indonesian SWF planning an $8 billion deal with US-based KBR to build 17 modular oil refineries; Queensland Investment Corporation secures A$50 million mandate to put Brighter Super's retirement savings into local tech businesses.
Singapore's GIC partners with large institutional investors to acquire German property tech firm Techem for $7.8 billion; Malaysia’s sovereign wealth fund Khazanah Nasional eyes $500 million bond sale.
Malaysia's SWF Khazanah Nasional explores cross-border partnerships with France and Italy; ICICI Prudential Asset Management seeks IPO approval in India, and more.
Future Fund internally appoints deputy CIO for portfolio strategy; CPPIB promotes Suyi Kim to run global private equity; NPS extends CIO term for second time; Willis Towers Watson appoints Australian investments head; Knight Frank promotes Apac director to run global capital strategies; Natixis Investment Managers names head of distribution for Emea.
Zurich Australia appoints CEO for Australian and New Zealand; BNY Mellon hires Southeast Asia head of intermediary; Franklin Templeton names head of Asia distribution; Robeco to add three ESG specialists in Singapore; JP Morgan AM names new head of data science; JLL adds head of Greater China; Lombard Odier hires COO from Credit Suisse; and more.
AustralianSuper to add over 50 staff in London in overseas investing push; Private equity groups bid in Anbang asset fire-sale; Indonesia's infrastructure SWF eyes 50 firms for funding; Korea's Poba hands €200 million more to CBRE Global Investors for European property; GIC, CPPIB and Boston Properties to invest $2bn in US real estate; and more.
QIC expands global private debt team with three new hires; Sydney Airport bid by consortium fails; Dajia Insurance Group up for sale for $5.18 billion; China Baowu Steel Group to launch carbon-neutral fund; Indonesia's new wealth fund studying 50 companies for investment; NPS adds Kosdaq-listed blue chips; Macau's SSF's income and returns fall; and more.