Insto roundup: Meagre NPS returns, Kwap CIO to exit
India's insurance industry to hit $280 billion by 2020; Japan's PM commits to raise retirement age to 65; Korea's NPS makes just 0.9% returns in 1H; Kwap of Malaysia sees CIO shift to take over LTAT, Korea Post seeks to brush up on cryptocurrencies and more.
ASIA
Asian institutions are lagging well behind their international peers when it comes to implementing sustainable investing, according to Schroders’ Institutional Investor Study 2018 on this topic.
Only a third of respondents in Asia said they had increased their sustainable investments in the past five years and 17% had reduced them, compared to the global figures of 47% and 7%, respectively. That said, 68% of institutions in Asia – and 74% globally – expect the role of susta…
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