Pension funds, sovereign wealth funds and asset managers are stepping up investments in Apac data centres as AI fuels demand for digital infrastructure.
By swapping government bonds for bullion, pension funds, sovereign wealth funds and family offices are hoping to protect their portfolios against falling currencies.
Demand signals from pension pools and insurers are key to unlocking Asia’s transition finance market as allocators move beyond niche ESG strategies towards comprehensive portfolio decarbonisation.
The Australian pension fund has built its largest overweight position in the Japanese yen in years as it bets the Bank of Japan will hike rates faster than markets expect.
Asset owners are rotating towards private market assets, while sovereign wealth funds are being tapped to support national budgets and strategic industries.
High foreign currency hedging costs and rising local interest rates are driving Japanese defined benefit funds back toward domestic bonds, general accounts and active manager restructuring.
La Caisse has teamed up with agricultural investor Go.Farm on a $234 million platform for irrigated permanent crops, tapping surging demand for Australian farmland.