Future Fund raises returns with fewer managers

The A$165.7 billion ($133.7 billion) Australian sovereign wealth fund saw its assets jump 11.5% in 2018/19 as it successfully boosted its long-term returns.

Less is more. This appears to be the case at Future Fund  at least for now  after the Australian sovereign wealth fund posted…

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The US asset manager has eliminated the role, resulting in the departure of Celestine Khoo.

BlackRocks Apac head of client solutions exits; Sun Life names HK general manager; Pimco replaces Apac credit research head; Adamas adds MD and COO; American Century hires first Asia intermediaries head; Will Rainey goes part-time at Willis Towers Watson; and more.

Invesco snares Avivas Asia CIO for new insurance role

The US asset manager has hired its first head of Asia insurance coverage, reflecting a trend among its peers. He starts on November 11 to tap this rapidly expanding client segment.

Fidelity names China president; PFI Mega Life appoints chief; Bank of Singapore CIO exits, team restructure; Allianz Real Estate names global head of research; Eaton Vance poaches sales exec from Robeco; Investec AM hires head of private banking; and more.

Chinese fund houses take robo advice to next stage

As part of their new advisory powers, asset managers are looking to provide a broader digital platform to compete with the disrupters.

Baillie Gifford sets up China unit, names chairman, GM

The Scottish fund house has put a general manager and investment director in Shanghai, as well as a new Asia intermediaries executive in Hong Kong.

Why licensing rules could hamper Hong Kongs PE plans

Private equity professionals and the regulator appear divided over how fund managers should be licensed, potentially thwarting the citys aspirations to become a fund services hub.

Chinese insurers under pressure to add risky assets

Infrastructure projects and private equity funds are among the assets they are looking at to boost investment returns, according to Moodys, but the supply is constrained.

New rules to curb Taiwan insurer bond ETF investing

The islands insurers have increasingly invested into the assets, but this will likely hit a plateau as the local regulator introduces an additional capital charge for currency risks.

Many institutional investors are seriously considering adding fixed income ETFs to their portfolios. Here in our second instalment we continue to dispel some myths about the investment vehicle.

Future Fund chair fears effect of protectionism

Peter Costello says more restrictions on global trade would be bad for all investors and argues that the Australian sovereign wealth funds return target should be revised down.

Future Fund CIO on working with asset managers

s Sovereign Wealth Fund of the Year, discusses the challenges of managing pension portfolios and its approach to co-investment.

Future Fund de-risks further, makes gloomy forecast

Reporting its first quarterly loss since 2012, the Australian fund says returns on risk assets are no longer sufficient and is worried about the ability of monetary authorities to respond to future weakness.

Future Fund warns of potential shocks from trade war

While the Australian fund continues to outperform its benchmark, executives are increasingly concerned about potential shocks for world markets as a result of the US-China trade war.

Counting the cost of HKs neverending turmoil

The authorities reliance on the police to stamp out protests instead of negotiating is inciting greater violence from both sides. It could cause China to erode the citys high autonomy.

Insto roundup: GPIF, EBRD team up; CPIC mulls Swiss Re stake

China SOEs eye Saudi Aramco stake; China Pacific Insurance and Swiss Re mull deal; GPIF, EBRD strike sustainability partnership; Temasek shuffles top execs; GIC adds China, Australia property; US bill introduced to block federal pension funds China investment, and more.

Invesco snares Avivas Asia CIO for new insurance role

The US asset manager has hired its first head of Asia insurance coverage, reflecting a trend among its peers. He starts on November 11 to tap this rapidly expanding client segment.

How the politics of pay limit US pensions Asia abilities

US state retirement funds are often cautious about building alternatives exposure in Asia, say industry experts. Staff compensation, funding ratios and heavy domestic bias are all factors.