Some of the region's biggest social-security and pension funds convened in Sydney this week to discuss topics such as overseas investing and annuity provision.
Tag : gpf
The Thai pension fund also sees the need to transition from sovereign debt to real assets, but struggles to build a long-term investment culture.
The state fund is looking to ramp up its foreign-asset allocation and needs an investment consultant to help it.
![Thailand’s Social Security Office seeks investment consultant](https://uat.cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FWin%20Phromphaet%20crop.jpg&c=1&h=194&q=100&v=20252811&w=344)
The $25 billion state institution is making its first moves into foreign equities and property and boosting its exposure to international fixed income with three $200 million mandates, one for each asset class.
![Thailand's Social Security Office in $600 million global RFP](https://uat.cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FWin%20Phromphaet%20Photo1%20crop.jpg&c=1&h=194&q=100&v=20252811&w=344)
The $13 billion Government Pension Fund is investing more in foreign assets and has chosen Towers Watson to advise it on manager selection and portfolio allocation.
Despite offering relatively low margins and fees, the region's retirement markets have huge long-term potential for asset managers, argues Cerulli Associates.
ThailandÆs Government Pension Fund feels the need to win support from civil servants before it can return to taking greater investment risk.
ThailandÆs Government Pension Fund plans to award the global real estate and global private equity mandates to up to 10 fund managers within the next three months.