More asset owners are looking to support healthcare private equity funds amid the pandemic. But aspiring funds also face rising competition, increasing asset costs and geopolitical risk.
State wealth funds look set to invest more at home thanks to the pandemic, but their increased allocations to healthcare and tech should prove beneficial, says a new report.
The firm's investment head for Asia says it's hard to find pure-play products for robotics and and cyber-security, which are both increasingly popular themes among clients.
Private equity firms in Greater China are exploiting the valuation differentials between China and markets such as the US, as well as between private and public markets.
China and India spend just 3% of GDP on healthcare, as against 16% in the US, but that figure is set to grow far faster than in developed markets, says Andy Acker of Janus Capital.
Morgan Stanley Asia chairman Stephen Roach argues that the only way to put Asian growth models on a sustainable footing is to introduce social safety nets.