Swelling assets are prompting regional pension funds to look beyond home markets and outsource alternatives and ESG investments, say experts.
It is the first time the China pension fund has sought to hire external managers for overseas mandates since 2015. The mandates include its first mandate for responsible investing.
The state pilgrims fund of Malaysia is set to expand its diversity of equity investments as part of a strategy to better diversify its investments to support the savings of hajj pilgrims.
The Korean pension funds are adding to their offshore investments in order to diversify and improve their returns on mounting asset bases.
The country's biggest insurer saw its return on investment fall last year, and president Lin Dairen sees alternative assets as key to boosting performance.
The Hong Kong fund house has been reprimanded by the local regulator, which may harm its ability to compete on portfolio mandates, said the CIO of a large institutional investor.