Pension Funds

Temasek thinks market valuations have not yet priced in a global economic recession; Ontario Teacher’s Pension Plan has announced plans to double its headcount in its Singapore office for Asia expansion; Samsung insurance firms have committed to a $650 million mandate into alternative assets managed by Blackstone; and more

Investment leaders discuss strategies for uncertain markets and the threat of an oncoming recession at the 2022 Milken Institute Asia Summit.

Asia’s private markets are facing the same macroeconomic challenges as the rest of the world, but the Dutch pension fund sees rising investment opportunities in consumer services, healthcare and financial sectors.

Malaysia’s KWAP aims to increase its overseas investments; Singapore’s GIC will take a majority stake in luxury beach resort group; Korea's KIC posted double-digit returns for the first half of 2022.

The South Korean market highlights an ongoing dilemma for asset owners’ appetite for private equity investments.

Wind farms offer long-term investors an attractive return profile and are already receiving broad-based political support in New Zealand and Australia.

In 2018, Japan’s GPIF sought exposure to global real estate as part of a strategy to increase its alternatives portfolio - four years on, its allocation has grown nearly 500%.

The combined value of assets held by Australia’s super funds is 50% higher than the total GDP of the entire country, intensifying the need for strong regulation and new investment opportunities.

Despite an existing and sizeable allocation to China public equities, the second-largest pension fund in the US is looking to appoint specialist fund managers.

In 2015, the Canadian pension fund hired a new head of Asia Pacific as a part of a regional build-out. The size and depth of Asia presence have since evolved – and that former regional head is now CIO at one of the largest US pension funds.

Asia’s private credit market is seeing a surge in investments from foreign asset owners and institutions in search of portfolio diversification amid uncertain economic conditions.

This reluctance contrasts sharply with large allocations by New Zealand super funds and increasing interest from Asian investors.