Low to zero fees for co-investments mean higher returns, but opportunities are generally limited to institutional investors that can allocate dedicated resources.
The Australian pension fund joins other asset owners in eyeing private credit opportunities in the Asia-Pacific region, although liquid defensive assets retain a majority of allocations.
The Australian fund, formerly known as Local Government Super, is drawn to share markets but does not plan add alternative assets because of liquidity constraints and fee pressures.
Once the poor cousin to the environmental pillar in ESG, a new report finds that issues around Covid are set to boost social investment over the next three years.
Rising prices appear to be mostly transitory but could begin to pose broader concerns if they remain elevated for a long period, the asset owner believes.
CPPIB, Omers and OTPP are busy hiring in the region for investment talent in credit, real assets and particularly equities. Omers is also planning to add office space in Singapore.