The country wants global asset owner funds to support a $1.5 trillion infrastructure pipeline and major asset divestment schemes, and also has a fast-growing credit investing need.
By buying a private debt fund that helps to refinance operational projects, NIIF aims to boost the global appeal of India's infrastructure sector.
The country is enjoying rising appeal among foreign investors, recently overtaking China as the top global destination for FDI. It must continue its reform momentum if this is to continue.
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The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
Harvest Global Investments' Asia equities head leaves; Schroders losing multi-asset deputy head to rival; Northern Trust names head of Apac; Singapore's Central Provident Fund names new chair; Amundi appoints Hong Kong CEO; MAS renews Ravi Menon as managing director; NZ Super makes general manager promotion; and more.
Swelling assets are prompting regional pension funds to look beyond home markets and outsource alternatives and ESG investments, say experts.
The Canadian pension fund aims to more than double its regional infrastructure investments by 2026, particularly in renewables, data centres, fibre networks and satellites.
The investment industry lacks coherent sustainability standards, which makes applying them harder, said officials at asset owners and fund houses from Japan, Malaysia and Korea.
Five asset managers get mandates from the Monetary Authority of Singapore that will see them setting up sustainability-focused operations in the city-state.
The largest pension fund in Thailand will focus on central business district areas for real estate, while New Zealand's sovereign wealth fund is planning to avoid competitive areas.
The robust growth of China’s economy underpins the appeal of its local equity market, which is set to attract more foreign inflows this year.
Some pensions from the country have indirectly invested into China via pan-Asia funds, while a few European pension investors have sold Chinese stocks over ESG concerns.
Wealth experts believe the rollout of Wealth Connect could help to entice wealthy individuals and then family offices to establish operations in the city, especially if initial quotas are raised.