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.
The sovereign wealth fund plans to utilise its global sourcing network to access private equity and other illiquid assets to boost returns within a conservative risk framework.
A culture of opaqueness and underperformance prompts a government-led inquiry to recommend a radical overhaul of superannuation.
The Australian sovereign wealth fund made the changes to secure its assets over the next 10 years and beyond, since its mandate has been extended to at least 2026.
Although still wary of excessive risk, the Australian sovereign fund remains focused on the long term and continues to look for opportunities in private markets.
Value is hard to find, inflation is set to rear its head and quantitative easing is tapering. That combination has led Australian asset owners to expect only moderate returns for 2018.