Some of the biggest pension funds, state-owned investors and family offices across Asia take stock of their exposure to Silicon Valley Bank after it was shut down by US regulators.
While domestic stocks provided a ray of light, the US dollar’s slide versus the yen in late 2022 hit the value of foreign assets, newly released data from the Japanese state pension fund shows.
In 2016, signals were clear that the Canadian pension fund would likely continue investing in Chinese and other Asian real estate markets. Six years on, its overall exposure to the region has grown significantly.
Asia’s private credit market is seeing a surge in investments from foreign asset owners and institutions in search of portfolio diversification amid uncertain economic conditions.
Dutch pension fund provider APG has announced that Thijs Aaten will take over as the chief executive of its Asia Pacific operations while current CEO Wim Hazeleger steps down.
Extreme market conditions explain some, but not all, of the reasons for the sharpest contraction in Hong Kong’s retirement fund since 2008 - reforms are needed to the 22-year-old system.