Asian institutions seeking local alt assets: BlackRock

Asian institutions are starting to seek alternative investments in their home region, particularly in hedge funds and real estate, according to US fund house BlackRock. “What we have been seeing over the last few months is a refocus – at least from the institutional investor base in Asia – back on Asia," says Joseph Pacini, Asia-Pacific head of the alternative investors strategy group. Asian private equity has drawn interest from institutions from the region, “but maybe not quit…