Mark Delaney said investors will find it hard to disengage from China, despite concerns about the second-biggest economy in the world.
The ease of direct investments into property firms and the availability of niche sectors in the US have drawn asset owners such as Australia’s Aware Super and Korea’s Poba.
Australian real estate is hot property for the country’s superannuation funds, which made up almost half of the sector’s capital inflows during the first half of this year.
Insto roundup: Australia's Future Fund announces new investment strategy; China to set up third stock exchange
Australia's Future Fund develops new investment strategy; Aware Super looking for buyers for agribusiness portfolio; China to launch third stock exchange for small and medium businesses, and crackdown on mismanaged private funds; Kotec to hire asset manager for $130 million domestic bond mandate; Malaysia's EPF makes two senior appointments; SGX allows Spac listings; and more
The sovereign wealth fund has been reducing flexibility and increasing risk to the portfolio as the fund keeps a watchful eye on changes to the macro environment.
Australian logistics prove a good defensive strategy for investors during the pandemic, with promising yields and a stable and transparent market.