Some 40% of the region's asset owners plan to increase their allocations to private assets over the next year, with private credit and growth equity emerging as preferred strategies.
Singapore's GIC partners with large institutional investors to acquire German property tech firm Techem for $7.8 billion; Malaysia’s sovereign wealth fund Khazanah Nasional eyes $500 million bond sale.
Prime Super appoints Alex Proimos as the manager of investment strategy; The Asian Infrastructure Investment Bank makes two director hires; L&G taps former UBS AM exec as head of institutional sales for Greater China, and more.
Retirees will lose if pension fund operators succumb to pressure to keep more investment on the home front, warns a former CIO of Korea’s Public Officials Benefits Association (POBA).
Malaysia's SWF Khazanah Nasional explores cross-border partnerships with France and Italy; ICICI Prudential Asset Management seeks IPO approval in India, and more.
Zurich promotes Jim Qin to Hong Kong insurance head; Clifford Capital taps Schroders' Lily Choh as CEO; HSBC ropes in new Bermuda insurance CEO from Sun Life; Hines makes senior promotion in Singapore; and more.
Australia's finance sector regulator is scrutinising superannuation funds' spending; Goodman Group cements $2.7 billion consortium to develop data centres; State Street Global Advisors rebrands, and more.