Asian central banks’ growing tendency to diversify is further straining relationships with their sovereign wealth funds.
Meanwhile, the Singapore sovereign wealth fund pares exposure to Europe and the US, citing an uncertain long-term outlook.
Sovereign institutions are accumulating assets at a blistering pace and need to find a home for this surplus capital; hence even central banks are mulling higher-yielding asset ...
The move is in line with the Singapore sovereign wealth fund's bullish forecasts for developing economies, says chief investment officer Ng Kok-Song.
The UK asset manager has sharpened its focus on Southeast Asia and Taiwan and has more product launches in the pipeline, probably including renminbi funds.
The social benefits of state investment agencies will be a major driver behind the establishment of new SWFs or existing ones growing in size, argue Kevin Hardy and Wayne Bowers.
The US asset manager plans to exploit Singapore's strength as a wealth-management hub, says Southeast Asia head Piau Lim.
Chinese and Indian individuals would rather see foreign investment from private equity or hedge funds than from sovereign wealth funds.
Sovereign wealth funds shifted towards more passive strategies and increased equity exposures last year, according to a recent survey. But there is potentially a lot more for ...
And the trend towards greater transparency continues, with the release of the first annual report from Abu Dhabi Investment Authority.
But sovereign wealth funds can help rebuild economies, assuming capital markets remain open, says Tony Tan of the Government of Singapore Investment Corporation.