A range of issues prevent pension funds and insurers from fully embracing opportunities in infrastructure. A closer alignment of interests would help plug the gap, say regional players.
The unimpressive returns of alternative premia products of late are unlikely to attract regional asset owners to invest in them, despite their supposed advantages of diversification.
Asset owners look for hospitality investments in Asia; multiple investors seek private debt possibilities in India; KKR seeks $12b for global infrastructure fund; Metlife's institutional asset management arm originates $15.7b of private debt in 2020 and more.
The insurer is turning to private equity as part of a search for more investment diversification and yield, says Hong Kong CIO Jethro Goodchild. Infrastructure debt is also gaining appeal.
The CIO of Asia's leading regional life insurer discusses how alternative assets help offset thin regional debt markets, and how infrastructure assets, in particular, may help offset this.
Schroders aims to more than double its QFLP quota to help satisfy demand from Western institutional clients for access to domestic China growth and venture strategies.