AsianInvestor on Nostr: Weekly Digest: India family office targets AI; Temasek, BlackRock low-carbon fund ...
Weekly Digest: India family office targets AI; Temasek, BlackRock low-carbon fund hits $1.4bn
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PremjiInvest, the family office managing over $10 billion for Indian software tycoon Azim Premji, plans to invest more money into artificial intelligence (AI) companies and develop its proprietary AI investment tools. The company is among the first large Indian asset managers to use AI tools in the private equity space. Decarbonization Partners, a joint venture between Singapore's Temasek and BlackRock, has raised $1.4 billion for its first fund, which focuses on companies that can help accelerate the transition to a low-carbon economy. Korea's National Pension Service (NPS) will allocate 65% of its assets in risky assets under new long-term asset allocation rules. TelstraSuper, Australia's largest corporate superannuation fund, is seeking a merger partner. Ping An Insurance Group, HSBC's largest shareholder, voted against the reappointment of departing CEO Noel Quinn as a director. The Hong Kong Monetary Authority's Exchange Fund posted an investment gain of HK$54.3 billion ($6.9 billion) in Q1 2022. A development consortium including the National Pension Service (NPS) and real estate manager Hines has received planning approval for a project in London. Yellow Umbrella Mutual Aid Fund is looking to hire four managers for a W500 billion ($368.7 million) domestic fixed income mandate. The Government Pension Fund (GPF) is increasing investments in gold and oil to mitigate risk and reducing investments in the capital market due to market uncertainties. Saudi Arabia's Public Investment Fund (PIF) and BlackRock signed an MoU to establish a Riyadh-based multi-asset class investment platform.
#FamilyOffice #Ai #LowcarbonFund #AssetAllocation #SuperannuationFund #ShareholderVote #InvestmentGain #DevelopmentProject #FixedIncomeMandate #RiskMitigation #MultiassetClassInvestment
https://www.asianinvestor.net/article/weekly-digest-india-family-office-targets-ai-temasek-blackrock-low-carbon-fund/495845
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PremjiInvest, the family office managing over $10 billion for Indian software tycoon Azim Premji, plans to invest more money into artificial intelligence (AI) companies and develop its proprietary AI investment tools. The company is among the first large Indian asset managers to use AI tools in the private equity space. Decarbonization Partners, a joint venture between Singapore's Temasek and BlackRock, has raised $1.4 billion for its first fund, which focuses on companies that can help accelerate the transition to a low-carbon economy. Korea's National Pension Service (NPS) will allocate 65% of its assets in risky assets under new long-term asset allocation rules. TelstraSuper, Australia's largest corporate superannuation fund, is seeking a merger partner. Ping An Insurance Group, HSBC's largest shareholder, voted against the reappointment of departing CEO Noel Quinn as a director. The Hong Kong Monetary Authority's Exchange Fund posted an investment gain of HK$54.3 billion ($6.9 billion) in Q1 2022. A development consortium including the National Pension Service (NPS) and real estate manager Hines has received planning approval for a project in London. Yellow Umbrella Mutual Aid Fund is looking to hire four managers for a W500 billion ($368.7 million) domestic fixed income mandate. The Government Pension Fund (GPF) is increasing investments in gold and oil to mitigate risk and reducing investments in the capital market due to market uncertainties. Saudi Arabia's Public Investment Fund (PIF) and BlackRock signed an MoU to establish a Riyadh-based multi-asset class investment platform.
#FamilyOffice #Ai #LowcarbonFund #AssetAllocation #SuperannuationFund #ShareholderVote #InvestmentGain #DevelopmentProject #FixedIncomeMandate #RiskMitigation #MultiassetClassInvestment
https://www.asianinvestor.net/article/weekly-digest-india-family-office-targets-ai-temasek-blackrock-low-carbon-fund/495845