The New Zealand sovereign fund will expand into Asia in the coming years.
Besides carbon transition, renewable energy, energy efficiency technologies, and carbon credit markets are other key allocations for these asset owners.
Asian investors including Aware Super, LGIAsuper, NZ Super and an Asian insurer have been increasing their allocations to Europe’s residential property sector this year.
Nuclear power generation is yet to gain global traction as a fossil fuel alternative, although new funds are appearing. The challenge now? Getting institutional asset owners to engage.
Generation's new climate fund has commendable long-term impact goals, but it remains to be seen if the concept aligns with asset-owner mandates.
The two Apac sovereign funds are focusing on renewable and clean energy infrastructure assets as part of their fine-tuned investment strategies.