Just a week after the IPO of its Asia-Pacific subsidiary was scrapped, Brewer Anheuser-Busch InBev announced the sale of its Australian subsidiary Carlton & United Breweries (CUB) to Japanese entity Asahi Group Holdings for $11.3bn (AUD 16bn).
The Spanish Supreme Court and the National Court have ruled that the Spanish tax agency must repay hundreds of foreign investors.
ADIA wants to move to 100% active bond management from 40% currently.
Arnold Phillips is now responsible for the management of approximately $84bn in fixed income assets.
The French power company has just awarded €11bn in pension asset mandates to nine insurance companies and 14 managers.
Swedish state pension fund AP4's total fund capital was SEK 391.4bn (€37.08bn) as of 30 June 2019.
The Singaporean sovereign wealth fund was active last year in divestments and raised the cash on its balance sheet by 33%.
Sovereign wealth funds (SWF) are diversifying their portfolio, choosing bonds over the difficult and volatile equity market, preferring emerging markets – particularly China – over European markets, according to the seventh annual Invesco Global Sovereign Asset Management Study.
Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, reported annual profit of JPY2.3trn (€18bn) for its 2018 fiscal year.
When it comes to their investment portfolio, 72 per cent of German institutional investors factor in sustainability criteria, according to the latest survey by Union Investment, encompassing 201 institutional investors in Germany with total assets in excess of €6trn.
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L'AGEFI's yearly international gathering for top-level institutional investors
October 10th and 11th 2019
Intercontinental Opéra | Paris