Regional insurers lack a holistic approach to ESG adoption, but appear likely to increasingly use exchange-traded funds as they increase their usage of the principles.
Funds houses are acquiring niche players in order to cover weaknesses in alternatives, which is the industry’s largest revenue pool, and as ESG's importance grows.
The only cross-border flows into Hong Kong commercial property this year have come from China, while local investors have been buying more overseas real estate, amid the recent turmoil.
The two asset owners are launching what should be the largest closed-end fund in Asia for a diversified portfolio of premium real estate, and are eyeing several assets.
The impacts of the pandemic have been more significant for some pension funds than others, prompting renewed talk of mergers between smaller funds.
Asia’s ultra-rich say the worst is not over for markets, but they are carefully looking for opportunities to spend their cash, particularly in some private assets and Asia equities.