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.
The CIO of the Thai insurer joins the chorus of concern about how the second phase of the risk-based capital regime might affect investments.
Opinions are mixed about the infrastructure vehicle, which is expected to launch next month after delays. One insurance CIO cited potentially low and uncertain returns as an issue.
Arj Seriniyom, Thai Life's head of investments, says the $7.5 billion insurer is awarding its first global multi-asset mandates to two firms and will be looking to hire external bond managers.