The US insurer's Asia operations intend to respond to a prolonged rising interest rate environment by investing more into commercial mortgages and private debt.
Tag : institutional investor
Asia's asset owners are only slowly engaging with environmental, social and governance topics. They need to accelerate doing so to help the world avoid climate calamity.
Only three asset owners have signed up to the country's stewardship code. More must do so, including National Pension Service, the biggest state fund.
More than half of institutions say alternative trading venues have eroded market efficiency, weakening the "buy-and-hold culture" and shortening their investment horizons.
The retreat from emerging market equities continues, although outflows from India appear to be slowing, notes HSBC. Korea was the only major Asian country to see inflows in August.
While an asset-liability management approach to private wealth is beneficial, it can't be applied in all cases, says Jennifer Tay of Citi Private Bank.
A survey by Bank of New York suggests that institutional investors the world over will top $1 trillion by 2010.