Layout:

Fund of the Month (Mar'24): Druk Holding & Investment (DHI)

1st March, 2024

With a population of less than a million people, Bhutan is known for its mountains, monasteries, and the thunder dragon (“druk”) featured in its flag. Its Sovereign Wealth Fund, Druk Holding & Investment (DHI), manages some of the country’s national champions and also invests in international securities and digital assets. We had the pleasure of speaking with its CEO, Mr. Ujjwal Deep Dahal, about the fund’s strategy and future objectives.

CPP and APG Strengthen South Korea Partnerships

21st February, 2024

South Korea is increasingly seen as an alternative Developed Asian market among state-owned investors, with Canadian pension giant CPP and its Dutch peer APG among the leaders – and this week demonstrated that Asian industrial real estate giant ESR remains their favored partner.

Subscriber Post

Fund of the Month (Feb'24): Maharlika Investment Fund (MIF)

1st February, 2024

The maharlika (freedman) were feudal warriors in Luzon, the Philippines, and the term comes from Sanskrit, meaning man of wealth, knowledge, or ability. And this is exactly what Maharlika Investment Fund, the country’s new SWF, intends to do by managing intergenerational financial assets and advancing long-term development goals. We had the pleasure of speaking to its newly appointed CEO, Rafael Consing, about the fund’s background and prospects.

Mubadala Outlines Its Future Priorities: Asia and US, Fossil Fuels and Renewables

7th December, 2023

While Abu Dhabi sovereign wealth fund Mubadala will continue to maintain a strong foothold in the US, it is set to expand investments in emerging markets with Asia and MENA an increasing focus – while it also continues investing in both upstream fossil fuels and renewable energy.

Subscriber Post

Fund of the Month (Dec'23): Indonesia Investment Authority (INA)

1st December, 2023

The Indonesia Investment Authority (INA) may be still young, but it is making strides in the SWF world with a rising AuM and a busy investment activity in Indonesia’s most important industries. We had the great pleasure of speaking with the inaugural Chief Risk Officer of the fund, Ms. Marita Alisjahbana, about the fund’s current state of play and future strategy.

Fund of the Month (Nov'23): Public Officials Benefit Association (POBA)

1st November, 2023

Among S. Korean pension funds, the Public Officials Benefit Association (POBA) is known for having modernized its approach to asset allocation and for having boosted AuM and returns in the past few years. We had the great pleasure of speaking with the engineer of such change as the fund’s CIO between 2016 and 2022, Mr. Dong Hun Jang, about the country’s pension system, the fund’s history, and the changes he pushed for during his tenure.

GIC Strengthens Alliance with ESR in Asian Real Estate

3rd November, 2022

GIC has stumped up US$480 million in capital for yet another joint investment platform in real estate with ESR, cementing the ties between the Singaporean sovereign wealth fund and the Hong Kong-listed Asian real estate manager.

Subscriber Post

Waiting for the Bubble to Burst? Funds Prepare to Pour Billions into Asian Real Estate

5th October, 2022

Sovereign wealth and public pension funds are limbering up for a race for Asian real estate acquisitions, but are biding their time in anticipation of snapping up bargains amid signs of a market downturn.

Subscriber Post