11/29/2019

$145 Billion Korea Wealth Fund Turns Defensive to Shield Returns

The fund, known as KIC, is echoing a trend among sovereign wealth funds globally, which are shifting toward fixed income as their biggest asset class, marking the end of a five-year trend that favored equities, according to an Invesco report in July.

11/27/2019

Ant Financial to raise a $1 billion startup investment fund

Ant Financial Vice President Ji Gang told attendees at a Beijing conference Tuesday that his company was looking to raise a fund, but didn’t specify the amount nor potential targets, according to a blog post by the conference organizers.

11/27/2019

Super funds set to dominate ASX: Deloitte

New analysis from the global consultant shows the next 20 years will see Australia's retirement saving system grow to around $10.2 trillion in value by 2038