The country's life insurers are investing more into alternatives and equity to raise returns. Doing so comes with sizeable risks that smaller firms may struggle with, say experts.
Take-up of discretionary portfolio management is in the low single digits among Deutsche Bank's wealthy Asian clients, who should take more risk, says the firm's Asia CIO.
Some argue that hedge funds will benefit both from the support of US president-elect Donald Trump and increased volatility. But many institutions are reluctant to invest in them.
Insurers are having to take more risk despite forthcoming tighter rules around the assets they can hold. Regulatory inflexibility is not helping product innovation, says BlackRock's David Lomas.
Jayne Bok, CFA, head of sovereign advisory for Asia at Towers Watson, discusses the evolution of alternative investing by large Asian asset owners.
Sydney-based Andrew Landman is taking over as head of its alternatives strategy group for Asia ex-Japan, with Joseph Pacini set to leave for personal reasons next month.