How Asian pensions’ growth suffers from lower alts investing

Pension funds in Asia Pacific generally had slower asset growth than their European and US peers last year, and they also invested less in alternative assets. The two factors are related, say investment consultants. Pension fund assets grew healthily in 2019, especially in South Korea. However, the growth of Asia Pacific pension markets was generally at a slower pace than in other regions. While institutional pension funds in the 22 largest major markets (see note 1) saw their a…