The country's biggest asset owners will raise their allocations to infrastructure and property, reflecting a rising regional trend. Fund firms such as BlackRock are responding accordingly.
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Many asset owners do not know whether or not they can trust the valuations reported by infrastructure managers, and feel they need new products to better invest in the sector.
While an asset-liability management approach to private wealth is beneficial, it can't be applied in all cases, says Jennifer Tay of Citi Private Bank.