According to the report, institutional investors should look for exposure to blockchain technology and its applications, since cryptocurrencies are neither currency nor precious metal substitute.
Fund Managers
The environmental impact of investment portfolios dominated headlines in 2021, but institutions will only increase their risk if they fail to address the social and governance principles of ESG as well, according to New Zealand’s sovereign wealth fund.
Horizons Ventures to open family office in Singapore; AustralianSuper expands private equity investments over the next two years; CDPQ real estate arm Ivanhoe Cambridge to invest $1 billion in green digital infrastructure project in India with Bain Capital and Lodha Group; and more.
NPS head of Americas private equity and global hedge funds team leaves after 11 years; AIA hires director of tactical asset allocation from JP Morgan Asset Management; Manulife appoints chief risk officer for Asia; Bruce Tomlinson leaves Australian Retirement Trust; Franklin Templeton makes senior appointments in Malaysia; Eastspring loses three C-suites; and more.
For asset owners and managers, sustainable long-term investing has evolved from divestment to active ownership strategies that foster better business practices.
Concerns remain on whether interest rate hikes by the Fed will be able to slow economic activity and tame inflation — or push the US economy into recession, triggering major uncertainties for Asian capital markets.
India’s Life Insurance Corp initial offering was oversubscribed 2.95 times, with participation from Norges Bank Investment Management, GIC, ADIA, and domestic funds; the Saudi Public Investment Fund will allow investments in Israeli companies for the first time with a $2 billion commitment in private-equity firm Affinity Partners; Hong Kong's Exchange Fund posts $7 billion quarterly loss; and more
From allocating capital to ESG portfolios to supporting businesses in transition, institutional investors have the power to move the needle in the global quest for a decarbonised economy.
FX strategist joins GIC from JP Morgan; BNP AM Singapore CEO Christian Bucaro to leave; QIC appoints transport partner; Abrdn names head of product strategy as its wholesales distribution director for Apac leaves for BlackRock; Hyundai- and Rockefeller-backed Sylban Group appoints vice-chair and Singapore-based MD; Franklin Templeton appoints Korea head; and more.
Market volatility is likely to remain high as investors try to figure out the duration and severity of lockdowns. Stocks with attractive valuations may start to outperform in the second half of 2022.
Sovereign and pension funds as well as private equity firms are looking at opportunities in data centres, telecom towers, and fibre networks in the region.
Geopolitical turmoil and surging inflation might be looming over the global economy, but institutional investors continue to search for value in the potentially overheated private markets.
