Hedge funds are gaining traction among Asia's high net worth individuals, with 2018 showing surging interest amid increased market volatility, say fund selectors and investment advisers.
Other Asean instos could follow after Malaysia's second-largest pension fund, which already has ESG rules for equities and fixed income investing, signed up to UN-backed RI principles.
A few green shoots of innovation are emerging among the region's pension funds, as regulation and the rush into alternatives and overseas markets prompt a rethink.
Latest Global Pension Assets Study by Willis Towers Watson also shows alternatives now account for a fifth of total allocations in the search for higher returns.
Sebi's latest proposals to segregate advice and product distribution indicate a marked shift in thinking and plugs loopholes that were to the detriment of investors, said experts.
GPIF's first-ever infrastructure mandate highlights the growing interest in the asset space among pension funds, but finding the right opportunities will be challenging, say experts.