China’s National Council for Social Security Fund has set up two departments in preparation for the coming public pension fund programme and is seeking 29 staff to boost its investment capability.
China’s social security investment council is expected to be given a swathe of new pension mandates, but it will need to take on more external managers to handle the workload.
Nov 8, 2013
Discussions at the Communist Party of China's plenary meetings will include pension, shadow banking and state-owned enterprise reforms, but few concrete plans are expected to emerge.
The NSSF is to sign an investment mandate with the Guangdong government to manage Rmb100 billion in public pension assets. It marks a first step to much-needed reform.
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The largest retirement funds in the Netherlands and South Korea have formed a landmark partnership to focus on real asset mega-deals. Their investment heads tell AsianInvestor why.
Taiping Insurance appoints new chairman; Etiqa replaces Singapore chief; Nuveen appoints Japan real estate head; Vontobel opens Singapore office; Aquila Capital names Apac CEO; Neuberger Berman adds new RM; Ocorian poaches fund services trio from Apex; Northern Trust replaces HK client services head; CSOP sells FO business to Carret Private and more.
The country’s planned new sovereign wealth fund is intended to act as a conduit for infrastructure investment, via several investors as well as different investment paths.
The Malaysian state-linked unit trust manager has given factor-based global equity mandates to three fund houses and is mulling investing into new types of illiquid assets, say sources.
The Canadian fund house has hired the experienced sales executive after the exits of Kim Jun-Ku last year and James Chen in July, as it looks to build its private markets business.
David Elms, Head of Diversified Alternatives at Janus Henderson Investors, says that 2020 presented a volatility opportunity for those who were ready for it. In the following Q&A, he shares some strategies for risk-adjusted returns over time - from truly diversified sources – and talks about the biggest risks he sees in the markets today.
The de facto central bank plans to increase the liquidity level in its portfolio. Experts say this could mean cutting its alternative asset exposure while raising its allocation to bonds.
Compared to global peers, Asia’s travel and tourism sector appears better positioned to weather the lingering challenges in a post-Covid world. Amid international travel restrictions, domestic tourism shows signs of recovery - while talk of regional travel bubbles brings hope to the industry. This is the final instalment in Eastspring’s Asian Expert Series, exploring the future of Asia post Covid-19.
Institutional investors still believe private asset investing comes with extra challenges, but that the diversification and return benefits make it worth their while. A recent Schroders survey identifies notable increases in interest for real estate debt, infrastructure equity and insurance-linked securities.
The state-linked fund manager’s foreign real estate holdings are largely in the UK, but that is set to change. It recently bought logistics assets in Poland and is eyeing other locations and segments.