Asia's largest asset owners will see their enormous assets swell even further in the coming decade. They risk becoming too large to effectively manage their money.
After posting a 12% annual return for 2020, China Investment Corporation is emphasising tie-ups with foreign fund partners to attract know-how and technology into its home market.
The sovereign wealth fund agrees that alternative risk premia strategies have their own merits, but is staying away from them despite years of active consideration.
The Chinese sovereign wealth fund believes co-investments can effectively expand its investment pipeline but is looking outside the US for fund vehicles or direct investments.
CIC may not reach the goal of having 50% of its assets in its global portfolio allocated in alternatives by 2022, but it will continue to increase investments in private markets.
AsianInvestor identified 20 of the most influential individuals who helped advance institutional investment across the Asia Pacific. Our latest profiles focus on Jacob Tsang, formerly of the Hong Kong Jockey Club and Zhao Haiying of China Investment Corporation.