Gary Gabriel of Hesta says Australian super funds are assessing whether they should hold bonds to maturity, given that these instruments cannot now provide enough yield to match liabilities.
Tag : garry hawker
Regional pension funds are looking to incorporate smart beta strategies within their portfolios, according to global asset managers. The largest asset owners could potentially make huge allocations.
![Asian pension funds picking up on smart beta](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FStock%20Market%20Graph.jpg&c=1&h=194&q=100&v=20254016&w=344)
Central banks appear to be growing ever more reluctant to hand money to sovereign wealth funds to run, but some argue this is a limited issue in Asia.
![Central banks eye more in-house investment](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FVictoria%20Barbary%20crop.jpg&c=1&h=194&q=100&v=20254016&w=344)
Asset owners are being tipped to boost exposure to infrastructure and real estate from a low base, but with such strong demand for scarce assets, overbidding is a risk.
![Asian institutions risk overpaying for real assets](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FAnthony%20Fasso%203.jpg&c=1&h=194&q=100&v=20254016&w=344)
By contrast, more searches were completed globally via Mercer in 2012 than the year before, with emerging market assets proving especially popular.
![Manager search activity falls 70% in Asia](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2F20130516070134_Garry%20Hawker%20crop.jpg&c=1&h=194&q=100&v=20254016&w=344)