Global trends and research overwhelmingly show that private equity firms regard ESG as of growing importance, with firms based in Europe leading the way. However, Asia Pacific is a notable hotspot in the growth of ESG-awareness in the private markets, with firms proactively seeking out initiatives to improve ESG performance. Liam Woods, Apex APAC Head of Business Development, reflects on these drivers of greater ESG prominence in 2020, predicting that 2021 will be the year in which ESG will become more than just a ‘box ticking’ exercise for private equity in Asia Pacific.
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The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
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The Canadian pension fund aims to more than double its regional infrastructure investments by 2026, particularly in renewables, data centres, fibre networks and satellites.
Swelling assets are prompting regional pension funds to look beyond home markets and outsource alternatives and ESG investments, say experts.
The investment industry lacks coherent sustainability standards, which makes applying them harder, said officials at asset owners and fund houses from Japan, Malaysia and Korea.
The largest pension fund in Thailand will focus on central business district areas for real estate, while New Zealand's sovereign wealth fund is planning to avoid competitive areas.
The robust growth of China’s economy underpins the appeal of its local equity market, which is set to attract more foreign inflows this year.
Five asset managers get mandates from the Monetary Authority of Singapore that will see them setting up sustainability-focused operations in the city-state.
Some pensions from the country have indirectly invested into China via pan-Asia funds, while a few European pension investors have sold Chinese stocks over ESG concerns.
Wealth experts believe the rollout of Wealth Connect could help to entice wealthy individuals and then family offices to establish operations in the city, especially if initial quotas are raised.