Insto roundup: Khazanah’s foreign asset plans; KIC, NPS seek smaller managers
China insurers may get higher equity investment limit; Japan insurers eye more foreign exposure; Khazanah targets 60%-plus offshore allocation; global institutions look to add real assets; and more.
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AUSTRALIA
Vision Super has called on Australian institutional investors to pressure Melbourne-based mining giant BHP to suspend its membership with industry groups whose actions might have undermined the Paris Agreement on climate change.
The $10 billion industry superannuation fund wants its peers to vote for the resolution they have co-filed for BHP’s Australian annual general meeting next week, which already has the support of investors overseeing $12.3 trillion.
Around 22%…
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