Global sovereign wealth funds cut back on investments in 2023, but there was a shift in sentiment towards emerging markets as highlighted by Global SWF in its annual report, issued on new year's day.
We showcase AsianInvestor's best interviews with asset owners in July – a feat that spans the Asia-Pacific region. Key themes are rising rates impacting portfolio shifts, boosting ESG and revamping external manager mandates.
Hiring, training and green leases help make up for continued paucity of information.
This reluctance contrasts sharply with large allocations by New Zealand super funds and increasing interest from Asian investors.
The first batch of pension providers, including China Life, will join Hong Kong’s MPF’s new electronic platform next year; Ontario Teachers' Pension acquires majority stake in private hospital chain in India; head of Korea's sovereign wealth fund's investment strategy and innovation division is named its new chief investment officer; and more.
Supermarkets, data centres and warehouses have drawn investor interest in developed markets, while Asian logistics have appeal, asset owners said at the Asian Investment Summit 2022.
Allianz Real Estate hires Scott Kim from Korea's National Pension Service; NZSuper hires investment strategist from Australian Retirement Trust; Former NPS executive Kim Seongmog joins Affirma as private credit head; Eastspring loses head of intermediary sales; Value Partners hires senior director from Allianz Global Investors; and more.
Major asset owners, such as APG, NZ Super and AustralianSuper, are looking to invest in data centres in Asia even as the demand for these assets outstrips the current supply.
Asset owners are being encouraged to use their investing influence to bring about the changes necessary to reduce the number of children and adults in modern slavery.
The chief executive of one of Asia's leading asset owners on managing climate change risk in portfolios speaks to AsianInvestor on the progress made so far.
Timberland remains appealing after a strong performance last financial year but the sovereign wealth fund is wary of global trade tensions, its chief economist said in an interview.