Asian pension funds see steady increase in risky assets while playing catchup with the West

Asian pension funds’ allocation to risky assets, including equities and alternatives, have seen a steady increase in 2021 as they try to adapt to a more sophisticated investment approach and achieve greater diversification, a recent survey showed. However, compared to their counterparts in Europe and North America, they still have a long way to go before reaching similar levels, according to latest data from the global top 300 pension funds study of WTW’s Thinking Ahead Institute …