The insurer, like many others, is keen on private fixed income and private equity as it seeks to diversify its portfolio away from relatively shallow local public markets.
Will the result be what happened in Indonesia? One thing is certain: the desire to create state investment platforms is growing regionally and globally.
Philippines' Social Security System gets new CEO; FWD taps risk chief from Axa; KIC makes changes to investment teams; Eastspring hires UOB veteran; Temasek, Future Fund execs join GPCA board; and more.
The Philippines used to be the target of jokes about valuation discounts, but now the market is having the last laugh as investors fight for a piece of its potential.
Three major Asean countries — Vietnam, Indonesia and the Philippines — are leading in developing renewable energy sources and giving investors new opportunities.
Constrained by tight regulation, the life insurer has been unable to invest in offshore assets. Its CIO hopes a new rule later this year will allow it to start doing so.
The Dutch pension giant is looking to invest more in the Philippines, Indonesia, Vietnam and India, with a particular focus on infrastructure, renewable energy and natural resources.
The Philippine insurer has also raised its cash holdings amid fears of a lingering impact from Covid on the local economy and stock market, says chief investment officer Arleen Guevara.
The state-run Social Security System's CEO believes there is too much political interference in the Philippines pension fund industry, which is adversely affecting its funding and viability.