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Canada investment fund IMCO eyes Singapore for regional headquarters

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THE Canadian investment fund that manages assets for Ontario’s public sector is looking towards Singapore to set up its regional headquarters, as it seeks to boost its portfolio in Asia in the next few years. Read more at The Business Times.

China is the market it is most exposed to in Asia-Pacific, with a market value of C$1.83 billion, and making up 2.8 per cent of total AUM. Tencent Holdings tops the list with a market value of C$205.4 million or 0.3 per cent of the total AUM.

Next is Japan with a market value of C$914.7 million, or 1.4 per cent of the total AUM. The top holding in the market is Keyence Corp, at C$51.9 million, making up 0.1 per cent of total AUM. This is followed by South Korea, India and Hong Kong with market values of C$734.0 million, C$589.0 million and CS$485.1 million respectively. These constitute 1.1 per cent, 0.9 per cent and 0.7 per cent of total AUM respectively.

 

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