Malaysia’s KWAP aims to increase its overseas investments; Singapore’s GIC will take a majority stake in luxury beach resort group; Korea's KIC posted double-digit returns for the first half of 2022.
Singapore's GIC wants to buy the only the only REIT which Buffett has invested in; NZ Super Fund has shifted about 40% of its overall investment portfolio to market indices that align with the Paris Agreement; CalSTRS committed $825 million to funds investing in Asia Pacific real estate during the first half of 2022.
Singapore's GIC leads a $135 million fundraising round for US-based energy solutions firm Powin; Alberta Investment Management Corp is setting up its first Asian office in Singapore with an eye on Asian private equity; Ontario Teachers’ Pension Plan Board will acquire a 70% stake in New Zealand's TowerCo; and more.
GIC partners with Omers Infrastructure and Wren House to jointly acquire Direct ChassisLink; Japan's Government Pension Investment Fund (GPIF), the world’s largest, posted its first quarterly loss in two years; AustralianSuper delivered a -2.73% return for the fund’s balanced option for FY2022; and more.
ADDX promotes Choo Oi-Yee to chief executive; Social Security System (SSS) appoints Michael Regino president and chief executive; UBS makes key appointments to family office offering; Principal Financial Group makes three senior appointments and more
Ping An seeks to up real assets exposure, Cbus makes first direct offshore infra bet; India's Esic awards mandate to Reliance Nippon AM, UOB reviews insurance deal with Prudential, and more.
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.
Fund managers are pushing for Rodrigo Duterte's new government to set up a defined contribution scheme, but others are not convinced about such a move.
The $10 billion Social Security System has been planning to award portfolios to external fund houses for the first time, but must wait for a new chief to be named before it can proceed.
Mike Ferrer, managing director of ATR Kim Eng Asset Management, wants to put defined-benefit scheme reform on President Rodrigo Duterte’s agenda.
The $7 billion Social Security System is posting strong returns on its portfolio and is also mulling Reits and infrastructure assets, but has no plans to invest offshore as yet.