The Chinese insurer doubled its Hong Kong equity allocation and ramped up its alternatives exposure last year, while also boosting its cash position in anticipation of domestic rate rises.
More and more institutions are entering the mainland debt market and a trading pattern is emerging, as the Bond Connect scheme and wider index inclusion loom closer.
The pension fund’s CIO, Daisuke Hamaguchi, says the Japanese stock market has ceased to function properly. His proposed solution: a tax incentive for selling cross-shareholdings.
Guidelines issued on Friday aimed at curbing the growth of mutual funds tailored for individual – or small groups of – institutional clients have come earlier than some expected.
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.
Energy, technology and healthcare are sectors increasingly attracting attention – and money – from affluent Asians, and they want advice on such investments.
The Government Employees Pension Service is tipped to see fierce competition for its CIO vacancy. It has also seen its head of overseas investment join KB Asset Management.
The Taiwanese insurer has welcomed the US rate hike, but is concerned about global uncertainty. It is buying more emerging-market bonds, with the exception of Chinese debt.
The CIO of the world’s largest pension fund, Hiromichi Mizuno, is pushing hard for more dialogue between investors and issuers in the hope of boosting returns for Japan's retirees.
Investments under China's new Public Pension Fund scheme will be more conservative than those of the National Council for Social Security Fund, says NCSSF chairman Lou Jiwei.
The UK life insurer is reorganising its Asian investment team, say sources; it has brought in local CIOs for Singapore and Hong Kong and aims to do the same in Malaysia.
Asian institutions expect to raise their allocations substantially to both alternatives and equities this year, finds a global survey by Natixis Global Asset Management.
Mainland insurance firms hold high cash allocations to help them manage short-term savings products – but this may be storing up trouble, says rating agency Moody’s.
The latest move from Japan's huge state retirement fund is designed to give it more flexibility on manager selection and access to new investment ideas.
Wealthy families are not known for their willingness to share information and investment opportunities, but that dynamic is shifting as it gets harder to source good private deals.
In our penultimate Year of the Rooster prediction, AsianInvestor examines whether institutions will further reduce their investment expectations this year.
The Chinese insurer plans to buy more European and US real estate, reflecting a trend among mainland institutional investors. But such flows may be set to slow, suggests CBRE.
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.
Insurance investment executives from across Asia gathered in Hong Kong for our annual event.