Weekly roundup of people news, May 3

The market needs a “reality check” given the sky-high valuations of many multi-billion dollar pre-public companies, delegates at AsianInvestor’s Family Office Forum were told on Monday.

A more streamlined decision-making process could help Korea’s public pension fund to benefit more from alternatives as it hunts higher and more stable returns.

In the next part of our award summaries, we reveal the reasons for choosing the top fund houses for the second set of Asia Pacific's main regional markets.

Australia's Superannuation Council president warns supers to heed ESG; China's central bank and FX administrator consider relaxing rules on interbank investments; Singapore MAS gives GIC $45 billion in new assets, Thailand's GPF could raise alts over 15% and more.

Investors should prepare their investment portfolios as soon as possible for the possibility of a full-blown and lingering trade war between the US and China.