Volatile geopolitics, unpredictable monetary policy and generational differences in priorities means sovereign wealth funds will have their work cut out for them in the coming decades.
Tag : temasek
Norges Bank Investment Management, GIC and the Abu Dhabi Investment Authority are among anchor investors in the initial public offering of Life Insurance Corporation (LIC) of India; Future Fund warns of heightened risks as it reports -1.5% returns for Q1 2022; Five Japanese insurers invest $367.3 million in World Bank sustainable bond; and more.
China Life Insurance appoints new president; Solmaz Altin joins Prudential from Allianz; Temasek director appointed chair of ESG committee at SVCA; Manulife IM Asia CIO for real estate to depart in June with Jessie Liu appointed as his replacement; JP Morgan AM hires from AllianceBernstein; Cbus appoints head of retirement and product governance; and more
Singapore sovereign wealth fund GIC takes up 49.9% stake in Wee Hur’s student housing portfolio in Australia; China's Sunshine Insurance reportedly looking to list on HKEX in potentially the largest IPO of the year; New China Insurance issues a warning that its first-quarter profit might decline 70%; and Temasek sends stern warning on corporate governance to portfolio companies; and more
The two major institutional investors also shared their approach to tackling greenwashing, which includes going beyond standard disclosures and using artificial intelligence tools.
Investors are unconvinced that Singapore Airlines’ first net profit since the pandemic is indicative of the start of long-term recovery in Asia’s aviation sector.
Temasek leads $200 million round for Amber Group; Hong Kong forecasts 2-3.5% GDP growth for fiscal 2022, with wealth connect enhancements and ETF-connect on the way; Australia's Future Fund implements sanctions on Russia as imposed by Australia, US and EU; and more.
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Singapore state-owned investor Temasek acquires Element Materials Technology from UK's Bridgepoint Group for more than $7 billion; China’s forthcoming rules on overseas IPOs will apply to Chinese companies that want to list in Hong Kong.
Brunei Investment Agency names head of real estate; Former Temasek CEO Ho Ching joins EQT Future's mission board; APG managing director for global real assets relocates to Hong Kong; Manulife Hong Kong appoints chief financial officer and chief product officer; Wayne Swan commences as Cbus chair; AXA IM appoints head of client group alts Asia; and more.
Temasek MD joins KKR as head of growth equity for Asia Pacific; China Pacific Life Insurance appoints Su Gang as CIO; Spirit Super chief executive to step down; Hong Kong's SFC enforcement executive director to step down after contract ends; Willis Towers Watson names Hong Kong and Macau head; Value Partners adds head of Southeast Asia; and more.
Chinese bad debt manager Huarong will receive a bailout totalling more than $6 billion; APG and Wang On Properties to invest $599 million into residential real estate in Hong Kong; Temasek cuts stake in Alibaba, Didi; Allianz becomes China's first wholly foreign-owned insurer; Samsung Life Insurance launches joint fund with Korea Post to invest in foreign blue chips; and more
Ping An cites a weak economy and investment losses as reasons for its 31.2% fall in Q3 net profit; Korean Teachers' Credit Union denies being the first pension fund in the country to invest in Bitcoin ETF; Aware Super looks to renewable energy assets; Consortium backed by hotel tycoon Ong Beng Seng and Temasek makes rival bid for SPH; and more
