As assets in Asia-Pacific pension funds rise, institutions will continue to depend on external asset managers for investments outside the home country, according to Jayne Bok, head of investments for Asia at Willis Towers Watson.
Pension funds in Asia-Pacific grew faster than the global average in 2016, while still lagging behind in long-term growth, according to a report from Willis Towers Watson.
China’s E Fund Management hopes to learn from the experience of the Dutch pension fund asset manager and apply the knowledge to its own onshore mandates.
Samsung Asset Management together with Capital Group launched six target date funds in Korea that promise dividend income and low volatility.
The new managers are appointed for a total of $5.3bn in global multi-asset and Asia-Pacific mixed-equities investment for the new and old Labor Pension Fund, the Labor Insurance Fund and the National Pension Insurance Fund, Ignites Asia reported, citing Taiwan’s Bureau of Labor Funds.
China’s pension funds can start investing in local markets in 2016, according to government officials.
Pension funds around the world are increasingly looking beyond their borders to address their investment needs, a report by the Association of the Luxembourg Fund Industry revealed.
In a contrarian view, ratings agency Moody’s said it believes that the risk of a downward spiral and financial contagion is unlikely in emerging markets.
Rieder, who was on visit to Hong Kong and China last week, said ten years ago there was a $4-$5trn net supply of fixed income each year. This year, the net supply will be $700bn, 15% of what was available a decade ago. “At the same time there is a huge aging population that needs […]
Pension funds dominate the Japans asset management industry, but they are becoming less tolerant of underperforming managers and also their investment horizon is reducing, according to a new research from Cerulli Associates.