Lucas Cacioli

As bonds risk losing their status as the portfolio’s primary shock absorber, Australia’s second-largest pension fund is repositioning currency at the core of its diversification strategy.

Asian governments want pension and sovereign funds to help close a vast infrastructure gap. Global asset owners say the issue isn't appetite, but structuring projects to meet fiduciary standards and reduce capital costs.

Rising market interconnectedness, AI-driven volatility and concentrated return drivers are reshaping how insurers must build resilient portfolios.

As private markets mature and rate volatility increases, the insurer's investment chief Carol Mo is reassessing whether life insurers are being adequately compensated for illiquidity.

Geopolitical fragmentation and tighter spreads may define the macro backdrop, but how capital responds depends largely on who controls it.

Taiwan’s ascent, powered by the AI-driven surge in chip stocks, has reshaped the region’s market hierarchy and raises questions about concentration risk, capital flows and the durability of the current tech cycle.

Not enough attention is being paid to climate risk and obsolescence in the property sector, even as long-term investors treat it as a core issue for underwriting and portfolio monitoring.

The government-backed investor is working to broaden Japan’s bench of managers capable of handling complex, large-cap corporate transformations.

The Dutch pension investor is underweight in the sector relative to target and sees Japan, living and selective office recovery as key areas for future deployment.

Across much of Asia Pacific institutional-grade stock, fund structures and manager capabilities are uneven, limiting large pension investors’ ability to build core real estate exposure at scale.

As Beijing maintains discipline on property and lowers deposit rates, some experts think China may be engineering a structural shift in how capital is formed, allocated and deployed.

As regulators tighten standards and LPs demand clearer attribution, the sovereign-backed manager is embedding ESG controls into its legal frameworks, governance processes and portfolio-wide data systems.