The challenging fundraising backdrop is seen as an opportunity to reset amid plans to lift exposure to areas like growth equity and venture capital, a Cambridge Associates survey finds.
With increasing exposure to opaque private markets, large asset owners in the region grapple with valuation and data consolidation across their investments.
Although allocations to emerging markets can carry added risk, asset owners such as GIC and INA are adding to their already substantial investments in infrastructure funding.
Although the Japanese state pension fund is curious about newer investment classes, more developments are required before they become relevant to its investing, its CIO says.
Life insurer Prudential sees private debt managers doing more ESG-related engagement with companies, as firms like Ares and Tikehau Capital discuss their approach.
The Korean sovereign wealth fund sees value in continuation vehicles within the private equity space, while it expands venture capital exposure in specific sectors.
Family offices in Hong Kong and Singapore invest for positive impact not only on the environment and society but also to future-proof family businesses.