Aussie pension funds to get rated; Japan Post Insurance shifts approach to sustainable investing; CEO of Philippines' SSS resigns; GIC voices concerns about market environment; and more.
Anbang seeks to offload Japan property assets; Korea Post plans investments into several alt asset classes; CIC's fixed income head leaves; EPF adds tech mandate within PE allocation, and more.
Changes include increasing the allocation to global equities from 70% to 75%, of which 65% is to be targeted at developed markets and 10% to emerging markets.
Private equity has seen the most change and it has become very common for asset owners to integrate ESG factors into their selection process, says NZ Super's Anne-Maree O'Connor
The superannuation fund's CEO, Adrian Orr, reaffirms its philosophy of long-term investing after media criticism of losses it suffered in a loan investment to a failed Portuguese bank.