Temasek's move to appoint Wu Yibing will help further Singapore sovereign’s push into hi-tech and energy investments on the mainland.
Tag : sovereign wealth fund
The ambitious forecast by CBRE is based on expectations that Asian institutions will seek to diversify into lower-risk assets, with investors from China, Japan and Taiwan making inroads.
The Singapore sovereign wealth fund will open offices in London and New York to exploit investment opportunities it sees emerging in the West.
Like other institutional investors, Australian’s $82 billion government fund is moving into riskier assets in search of higher returns.
China tops the country rankings of global sovereign wealth with $1.5 trillion, and is expected to see continued growth on the back of strong commodities demand.
Qatar Investment Authority has boosted its legal team by hiring a partner from the US law firm’s Japan office to help allocate its fast-growing pool of capital.
The Singapore sovereign wealth fund posts a 16% drop in net profits, with a large exposure to the financial services sector likely a contributing factor.