Weekly Digest: KIC boosts stewardship; EPF 2022 investment income drops
Korea's sovereign wealth fund plans takes steps on voting rights in portfolio companies; Malaysia's EPF's investment income for 2022 drops from a year ago; Australian pension fund questions manager investment in India's Adani Group; and more.
TOP NEWS OF THE WEEK
An Australian pension fund client of GQG Partners is seeking more information regarding the $1.9 billion dollar investment made by the US boutique investment firm in the Adani Group.
The US firm, which manages money for at least four major Australian pension funds, bought shares worth $1.87 billion in four firms owned by the Adani group.
This was the first major investment in the Indian conglomerate after Hindenburg’s report sparked a major controversy wh…
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