The number of lenders reducing their Asian exposure is seen to be growing fast amid the coronavirus crisis, leaving asset managers keen to fill the financing gap.
The US state's biggest retirement fund has nearly trebled its target allocation to private credit and is adding private equity and real assets too. It is also eyeing other ways to boost returns.
Regional life insurers will seek to reweigh their portfolios to seek out sufficient returns in the low rate environment, reduce duration gaps and adapt to new capital rules.
Asian investors found fixed income appealing in the second quarter, but selective equity allocation might be a better bet for the rest of the year, say active investing experts.
The CIO of Swiss insurer Zurich and CEO of Swedish pension fund Alecta flag their growing corporate debt concerns and outline their response strategies.
Very few asset owners in Asia adopt environmental, social and governance principles in their fixed income portfolios. Credit rating agencies could play a key role in changing that.