Insurance firms are directly investing more in private equity in China, and their lower return expectations can help them win deals, say general partners.
Eastspring Investments’ business development and swelling asset base helped it scoop the Asia fund house award, while LGT Capital Partners impressed again on the alternatives front.
The likely introduction this year of new product types and a mandatory pension scheme will boost funds growth in Thailand, says the MD of the local investment company association.
With mainland mutual fund managers set to launch their first funds of funds potentially as early as next month, industry participants point to challenges these products face.
Asia was the only region to see an increase in money raised for real estate investment last year, and it saw a big jump in joint-venture and club deals, according to new research.
But the rise in compensation of private-market investment professionals slowed this year, according to research by Heidrick & Struggles.
The Singapore Variable Capital Company proposals have some important issues that need ironing out, says Justin Ong of PwC, which is advising the regulator on the framework.
An end to the Volcker Rule, part of the US Dodd-Frank Act, could drive flows into alternative assets in Asia. But a return to pre-2008 levels of investment by US banks is seen as unlikely.
The Canadian private markets investment giant plans to invest more in Asia Pacific, just as it is seeing growing appetite for its funds from the region, says Asia-Pacific chief Bill Powell.
AsianInvestor spoke to Bill Powell, Asia-Pacific CEO of real asset giant Brookfield Asset Management, about China's big infrastructure project and other opportunities.
The lure of illiquid investments is fading for some institutions in Asia, especially those – such as insurance firms – that moved later into such assets, say industry observers.
Hedge fund charges are now a key focus when it comes to allocation decisions as investors consolidate their portfolios. Yet they still appear optimistic about returns from this asset class.
Financial services firms and governments should work to create more products providing exposure to infrastructure, an AsianInvestor forum heard. Australia is held up as a good model.
With allocations to private markets steadily rising, executives at insurance firms worry that the illiquidity premium of such assets may be being eroded.
Growth Hill Asset Management has hired a head for its new representative office, which will conduct research on Asian stock markets, say sources.
High prices, strict capital controls, renminbi weakening and over-supply concerns are all cited as factors hurting offshore flows into mainland commercial real estate.
Risk-averse by nature, institutional investors need credit enhancements and minimum guarantees if they are to invest more in Asian infrastructure.
The asset manager is readying its first pan-Asia Ucits fund and considering adding other products to its hedge fund platform, including mainland, macro and multi-strategy offerings.
The German private equity firm is tapping Asian demand for European small- and mid-caps with a technology focus and ambitions to expand into Asia, its MD told AsianInvestor.
Falling interest rates should be good news for India's prospective new asset class – infrastructure investment trusts – as long as issuers price the first few deals to perform.