The patient, long-term investment approach of leading asset owners should prove a boon this year – provided they practise what they preach.
While the concept of outsourced chief investment officers is new to Asia, there are many asset owners that could be suitable, argue the investment consultants seeking contracts.
Outsourced chief investment officer arrangements are gradually gaining ground in Asia, from a low base. Investment consultants and some fund houses are keen to promote the structure.
The Japanese asset owner registered its largest investment loss in the final three months of 2018. That could prompt the fund to consider greater diversification as it reviews its portfolio.
The territory's green bond volumes are rising, but it could spur demand by encouraging more investor education and cutting some red tape for insurers, say debt experts.
Prudential Corporation Asia's CIO Stephan van Vliet is keen to encourage deeper bond and FX swaps markets, to support regional infrastructure projects.