With an eye on private assets amid growing inflation and uncertainty, sovereign wealth funds pivot to US and Asia Pacific and away from Europe as the war in Ukraine rages, according to the latest Invesco report.
For insurers, allocation is a delicate art. The region’s top investment officers at AXA and Sequis Life took us through the perils and pitfalls of balancing regional portfolios in challenging times.
Asia Pacific head Duncan Robertson shares the firm's latest plans for the region and his views on the latest themes clients have shown interest in.
Technology and big data-driven databases are expected to help Asian asset owners appropriately benchmark their alternative investments across the world.
AustralianSuper to add over 50 staff in London in overseas investing push; Private equity groups bid in Anbang asset fire-sale; Indonesia's infrastructure SWF eyes 50 firms for funding; Korea's Poba hands €200 million more to CBRE Global Investors for European property; GIC, CPPIB and Boston Properties to invest $2bn in US real estate; and more.
An Australian consortium buys 49% of Asia's largest mobile tower network; another Aussie consortium bids for Sydney Airport; Japan's Chikyoren hires two firms for overseas private debt and local real estate; NPS of Korea acquires Melbourn office tower; Singapore's Temasek leads $30m funding round for green cement maker Fortera; and more.
KKR and Tiga Investments by a Hong Kong workspace provider; Unison Capital of Japan establishes $500m India vehicle; some Japanese banks turning to riskier assets, including private equity and real estate; Korea's NPS adds timberland to investment portfolio; US private equity fund Denham Capital seeking to sell Australian and Asian assets; and more.
KKR raises $400m from Korea's NPS and Korea Post for a new North American fund; Rest Super could sell 50% of SEA Gas pipeline stake; Indonesia Investment Authority gains foreign commitments for toll-road investment fund; Temasek and partners to establish carbon credit trading platform in Singapore and more.
Fund managers from the country are eager to source targets for their local clients, but difficulty in sourcing deals is forcing them to look further afield, say advisers.
Institutional investors still believe private asset investing comes with extra challenges, but that the diversification and return benefits make it worth their while. A recent Schroders survey identifies notable increases in interest for real estate debt, infrastructure equity and insurance-linked securities.
The region’s investors want to raise their private equity, private debt and infrastructure property to help raise returns amid a bleaker economic outlook, according to a new survey.
Looking for lessons in the past can be valuable, but Covid-19 poses a unique challenge for the financial system. Schroders looks at the ways private assets will (or won’t) be affected.