Weekly Digest: CalSTRS shrinks China exposure; Temasek unveils SE Asia advisory panel
AsianInvestor presents a round-up of key developments at the region's asset owners over the past seven days.
TOP NEWS OF THE WEEK
China dropped to the 19th place on the California State Teachers’ Retirement System ranking of country asset exposure, following a broader US pension retreat from the world’s second-largest economy.
The pension giant’s fund allocation to China trailed South Korea, India, Mexico and Ireland by the end of May, according to its latest disclosure based on market value and revenue exposure. China’s weight in its overall investment book tumbled from 2.1% at the en…
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