EM corporate debt offers positive real yields while Japan stocks are increasingly attractive as a proxy for global growth. Moreover, Asia is set to benefit from the global upturn in the next phase of the cycle.
Some pensions from the country have indirectly invested into China via pan-Asia funds, while a few European pension investors have sold Chinese stocks over ESG concerns.
AsianInvestor's Asset Owner Insights survey reveals the asset classes are among the top investment priorities for pension funds, sovereign wealth funds and insurers for the next year.
Western asset owners are steadily adding real estate investment capabilities in Asia, while local players have refocused attention onto their home region.
Rocketing tech valuations are putting pressure on private equity funds, so investors should consider more unpopular sectors such as financials, says Helen Zhu of Nan Fung Trinity.
Regional real estate assets could fall in 2021, and investors are capturing opportunities from the down-trending market, according to a new survey by Urban Land Institute and PwC.