Global trends and research overwhelmingly show that private equity firms regard ESG as of growing importance, with firms based in Europe leading the way. However, Asia Pacific is a notable hotspot in the growth of ESG-awareness in the private markets, with firms proactively seeking out initiatives to improve ESG performance. Liam Woods, Apex APAC Head of Business Development, reflects on these drivers of greater ESG prominence in 2020, predicting that 2021 will be the year in which ESG will become more than just a ‘box ticking’ exercise for private equity in Asia Pacific.
While most big Japanese insurers are maintaining their allocation to domestic stocks, Dai-ichi Life has said that it will slash its interest rate and equity risk by 20% by March 2024.
The country’s implicit backstop to all state-linked borrowers has stymied credit and risk analysis. Abandoning it will encourage proper risk management and better bond pricing.
Traditional approaches to market and reference data management can be expensive to implement and run, which means more firms are now looking at alternative ways to handle data. At the same time, clients want to avoid having to re-invent the wheel and would like to follow standard practices – which is where Data-as-a-Service comes into play.