Asian pension funds and insurers are looking to expand beyond commercial foreign real estate, which would impact global property markets, says Brookfield Financial.
Tag : gic
The Singapore sovereign wealth fund has for the first time given details of its new investment process.
GIC's chair of global investments talks about why the Singaporean state fund is less transparent than many peers, its use of asset managers and the failings of some sovereign investors.
The $220 billion sovereign fund is to relocate Jeffrey Jaensubhakij to Singapore to become president of GIC Asset Management. This will allow Lim Chow Kiat to focus on being CIO.
Singapore's $220 billion Government Investment Corporation announces that deputy Lim Chow-Kiat will succeed long-serving Ng Kok-Song, who retires after more than 40 years.
China's FX regulator awarded $2.75 billion in quota to nine foreign firms last month, with further liberalisation expected to be announced by the CSRC as early as this month.
There is fear about a mooted 10% tax being applied retrospectively to gains made by QFII investors trading A-shares. Regulators are tipped to unveil answers in the next six months.
The Singapore sovereign fund has raised its cash allocation and will try to capitalise on opportunities in challenged markets. It outlines its approach to selecting external managers.
They are urged to court sovereign wealth funds in frontier markets as established players increase in-house expertise. All the same, SWF volumes have tripled in five years.
The Aussie developer, partly owned by China’s CIC, chalks a big profit for investors in its logistics fund on imminent completion of a Hong Kong development.
Meanwhile, the Singapore sovereign wealth fund pares exposure to Europe and the US, citing an uncertain long-term outlook.
The sovereign wealth fund has introduced new leadership at its three investment subsidiaries in a widely expected move, strengthening its reach into emerging markets.