Weekly investor roundup: KIC advised to consider Europe housing; GPIF to exclude Chinese sovereign bonds
GPIF will not invest in Chinese sovereign bonds and exclude them from benchmarks; Temasek and HSBC partner up for debt financing platform for sustainable infrastructure projects; KIC advised to consider European rental housing projects with local firms; PNB funds to give out $150 million payout; APG and PPF buy stake in New Zealand timber producer; and more.
TOP NEWS OF THE WEEK
Government Pension Investment Fund (GPIF) has decided not to invest in Chinese government bonds for now, even as it is included in the FTSE World Government Bond Index (WGBI), GPIF’s foreign bond benchmark, a spokesperson told AsianInvestor.
From October onwards, the fund will exclude Chinese government bonds from the benchmark.
GPIF President Masataka Miyazono cited reasons that included settlement and liquidity issues in the Chinese market, according to …
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.