The newly appointed chief investment strategist for official institutions at State Street Global Advisors sees the potential for Asian central banks to put as much as $1.5 trillion into stocks.
Tag : hon cheung
State Street Global Advisors expects to boost its $400 billion in sovereign assets under management, with Asia a key driver – despite a slowdown in the region's reserve growth.
Sovereign wealth funds shifted towards more passive strategies and increased equity exposures last year, according to a recent survey. But there is potentially a lot more for them to invest.
