Australian investors appear to be shunning their domestic mining industry, leaving the sector hoping that Asian firms – particularly private ones – will fill the gap.
Korea’s National Pension Service plans to invest in the Posco Woori EIG Global Fund, designed to help Posco access global natural resources.
Qatar is partnering the UK bank on private equity opportunities, with Barclays putting investment staff in Doha. The QFC Authority says more seeding partnerships are pending.
Not enough investment is going towards future commodities supply, but global uncertainty is hitting the average price of natural resource stocks, argues Robeco in a white paper.
Asian SWFs have overtaken Middle East government investment arms as the largest acquirers of assets this year, and the biggest increase in spending is in the natural resources sector.
The portfolioÆs investment theme combines the traditional Asian five elements of metal, wood, water, fire and earth with urbanisation and industrialisation trends.