The Korean and US pension plans see benefits of favouring peers over external asset managers, as their latest partnership show.
The latest multifamily housing investment with California pension fund brings desired diversification to the Korean asset owner’s real estate portfolio, its CIO says.
The CIO of the $234 billion US pension fund told AsianInvestor how much it could save by insourcing more investments. But building the requisite team may not be easy.
China is looming larger on the radar of California’s $234 billion pension fund for teachers, as it undertakes a major portfolio management overhaul.
Doubts persist over Japan’s commitment to boardroom change, says fund house Hermes, but progress is being made, aided by the country's Government Pension Investment Fund.
If asset managers and owners in Asia are to incorporate climate risk into their investment modelling processes, they will need more regulatory certainty on the issue, say consultants.