Lucas Cacioli

High‑yielding carry trades and surplus‑backed currencies are drawing different institutional investors to Asia, as managers weigh how to balance cyclical opportunities with long‑term stability.

As bond–equity correlations shift unevenly across Asia, investors are rethinking how to structure portfolios.

The Australian pension fund has joined forces with Equitix and the UK’s National Wealth Fund to establish Eelpower Energy, marking its debut direct investment in Britain's energy transition.

With yields elevated, currencies stabilising and liquidity improving, Asian local currency bonds are drawing greater attention as investors diversify away from dollar assets.

After years of elevated bond–equity correlations, signs of decoupling are emerging in Asia. But the pattern is uneven, with inflation expectations, central bank credibility and market structures shaping whether bonds can reliably diversify portfolios again.

The family office’s managing partner discusses entrepreneurial risk appetites, the need for better education on the digital assets space and why China needs to be a part of investors’ long-term strategies.

Despite fiscal strains in developed markets, Asian investors continue to favour sovereign debt. Managers say allocations remain stable, though yield dynamics and sector fundamentals show where flows could shift if preferences change.

US Treasuries now carry a visible fiscal risk premium, skewing comparisons with corporates. In Asia, healthier fiscal anchors keep spreads more grounded, according to investors.

Indonesia’s first sovereign wealth fund has signed an MoU with Franklin Templeton to explore a private asset fund and co-investments, in a move that reflects the diversification and partnership approach outlined by INA’s CIO earlier this year.

Asian USD bonds have consistently shown lower volatility than global peers, a resilience supported by sovereign anchors, domestic investor bases, shorter duration profiles and growing intra‑regional linkages.

Global investors are reassessing their reliance on dollar-denominated assets as fiscal strains, tariffs and political uncertainty weigh on the currency, with Asian bonds emerging as a structural alternative.

The Citizens of Israel Fund is developing active strategies to capitalise on the technological revolution, demographic shifts and geopolitical realignment across Asia's diverse markets.