Seoungho Jin, former head of international economic affairs at the Ministry of Economy and Finance, is Korea Investment Corp.'s new CEO.
The government hopes reforms make employees agents of change, but analysts see constraints on asset allocators depressing retirement saving.
Multiboutique manager Pendal Group will acquire value equity manager Thompson, Siegel & Welmsley from BrightSphere Investment Group.
NPS, with 280 investment professionals at the end of 2019, listed 54 positions to be filled ahead of its portfolio reaching a milestone in assets.
The move could reflect a desire to lessen GPIF's reliance on equity beta as a long-lived stock market rally stretches into extra innings.
The sovereign wealth fund's portfolio remains positioned for a range of different scenarios and continues to maintain a neutral risk stance.
Partners Capital tapped a former McKinsey veteran with experience in building fintech firms as co-head of its Asia-Pacific business.
Andrew Moss joined Hong Kong-registered digital asset trading firm GSR in London as managing director of its new product development arm.
BlackRock closed its Global Renewable Power Fund III at almost three times the size of its predecessor.
Most Asia-Pacific investors expect a temporary inflation spike this year, but consultants urge allocations to ensure longer-term resilience.
Singapore logistics investment company GLP named Tim Wang as its co-president of logistics and industrial real estate for China.
AMP and Ares failed to agree on a joint venture to build AMP Capital's private markets unit, but Ares remains keen on a 100% acquisition.
Korea Investment Corp. has opened an office in San Francisco to facilitate its growing investments in technology and startup firms.
Korea Investment Corp. and Hyundai Heavy Industries plant to invest $885 million in Korean startups and technology companies.
KKR hired the CEO of Sydney-based logistics investor LOGOS as its first head of Australia and New Zealand real estate.
Institutional investors debate pandemic's medium-term impact on allocations but agree risk will reign supreme for the next 12 to 18 months.
Asset owners and managers shifted seamlessly to remote working/due diligence but challenges in the new environment remain to be addressed.
Malaysia's Khazanah reported impairments on strategic aviation and hospitality holdings and says a full recovery is unlikely before 2023.
Malaysia's EPF said record investment gains helped its portfolio end 2020 at 1 trillion ringgit, despite COVID-19-related early withdrawals.
Jing Dong Lai was named CIO and CEO for Asia at M&G Real Estate, subject to regulatory approval.
Cbus added three senior investment professionals amid its continued push to bring more portfolio management in-house.
MetLife Investment Management chose Jingsu Pu to oversee insurance strategy globally and lead its institutional client group in Asia.