A range of issues prevent pension funds and insurers from fully embracing opportunities in infrastructure. A closer alignment of interests would help plug the gap, say regional players.
Falling tourist numbers, a rise in e-commerce and a growing cohort of homeworkers haven't stopped SWFs and pension funds from pouring millions into office and retail real estate.
A Calpers investment director and the former CIO of GPIF said policymakers should mandate disclosures and establish carbon emission targets, to embed climate change in investing.
Healthcare and technology start-ups remain hot property, but pandemic-fuelled uncertainty has led to lower valuations in some areas, such as travel-related platforms.
The pandemic has revealed allocation weaknesses at some pension funds, and they should consider delegating investing and portfolio structuring decisions, argues Mercer.
As US hostility towards China rises to new highs over the Covid-19 virus, AsianInvestor investigates the increasingly sensitive nature of American institutions investing in China.