Insto roundup: GPIF staff say J-Reits more attractive than traditional assets; Hong Kong's strict Spac criteria
EISS Super hit by another scandal; China's CSRC launches consultation on disclosure requirements for new BSE securities; Hong Kong issues consultation paper on Spacs; New World Development partners with China Taiping to focus on Greater Bay Area projects; GPIF employees say Japanese Reits have grown more attractive; Taiwan's BLF invites bid for $1.7 billion mandate; and more
AUSTRALIA
Half of EISS Super’s directors have stepped down as a new revelation has emerged that the super fund paid the rent of a charity linked to its former chief executive’s daughter.
Four directors stepped down last week, leaving the fund with four directors – down from eight. Chief executive Alex Hutchison had also resigned after allegations of misuse of funds.
The AU$6 billion ($4.3 billion) energy-sector focused fund was also named as providing one of the 13 worst perfo…
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