Asia-Pacific: Pensions and Investment News and Analysis – Page 3
-
FeaturesUS dollar strength and the issues facing institutional investors
Most central banks across the world are raising interest rates – some more aggressively than others – but it is proving hard for any of them to out-hike the US Federal Reserve. The resulting widening interest rate differentials have been an important factor in the appreciation of the US currency.
-
Opinion PiecesAustralia: Supers face A$500m tax hit
In the lead-up to the first budget by a Labor government in 12 years, speculation was rife about what the new Australian government might have in store for the superannuation sector.
-
Special ReportProspects 2023: Does zero China make sense?
Many investors are avoiding the People’s Republic, but they would do well to look at the reality
-
Special ReportSpecial Report – Prospects 2023
The past year will be remembered as one of the most challenging for institutional investors ever. The outlook for 2023 is brighter, if anything because valuations of major asset classes have come back to historical levels.
-
Opinion PiecesAustralia: Super funds shift focus to private credit
An ambition of the architects of Australia’s universal superannuation system, when it was set up in 1992, was to create what would become a fifth pillar of the nation’s banking system.
-
FeaturesCan a sinking market re-emerge?
Travelling around Sri Lanka in mid-July reminded me of Winston Churchill’s saying that “democracy is the worst form of government – except for all the others that have been tried”. Many in Sri Lanka would argue that the post-independence history of the country may have proved him wrong. This year, political upheavals after popular demonstrations caused the administration of President Gotabaya Rajapaksa and his elder brother, Prime Minster Mahinda Rajapaksa, to collapse after the Rajapaksas’ deep corruption and deeper ineptitude over two decades brought economic ruin as the country ran out of foreign exchange to pay for fuel imports.
-
Asset Class ReportsEmerging market debt: China government bonds
The outlook for Chinese government debt is looking less attractive
-
Opinion PiecesAustralia: Role for superannuation in nation-building
A new Labor government has set the scene for change in Australia’s growing superannuation industry to ensure that some of the country’s A$3.3trn (€2,3trn) savings pool is directed toward social housing and the energy transition.
-
Special ReportAsia investment: GIC enhances sustainability focus
A sustainability office now complements a sustainable investment fund that was launched in 2020
-
Special ReportAsia investment: Japan’s GPIF assesses new strategy
World’s largest pension fund aims improve its allocation to ESG indices following a positive five-year track record
-
Special ReportSpecial Report – Asia investment
Investors steadily withdrew from emerging Asia equity markets this year, taking nearly $30bn out of the markets in the seven months to the end of July, with six consecutive months of outflows. Tech-oriented Taiwan and South Korea were most affected and India was not unscathed.
-
Special ReportAsia investment: Focus shift brings turmoil to emerging Asia equities
Enthusiasm about Asian equities has cooled on the back of global recession risk, geopolitics and inflation
-
Special ReportAsia investment: China edges closer to a national pension plan
Foreign managers see opportunities in new US 401(k)-style pensions, with vast asset growth potential
-
NewsNBIM favours Japan human rights corporate code linking to SASB/ISSB reporting
Norwegian SWF manager also stresses need for companies and government to monitor what happens next
-
Opinion PiecesAustralia: Downturn casts a shadow over super anniversary
Australia’s superannuation industry enters its fourth decade under the darkening clouds of a global economic slowdown that is already having a dramatic impact on returns.
-
News
Schroders identifies persistence in private equity returns [updated]
Research by Schroders Capital finds that past performance could be more instructive for some parts of the private equity market than others
-
FeaturesChina calls the tune for emerging markets
If President Xi Jinping mismanages China, the careers of many emerging market asset managers could be over. It would also mean emerging markets as an asset class would become irrelevant, at least according to Xavier Hovasse, head of emerging markets at the French fund management house Carmignac, who has devoted his career to seeking opportunities in emerging markets.
-
Opinion PiecesAustralia: Superannuation funds on a consolidation path
Australians are beginning to get used to super funds with names like Australian Retirement Trust, Aware Super and Spirit Super.
-
FeaturesYen’s swift dive surprises market
For several decades, the Japanese yen has not been in the limelight too often. However, earlier this year it became headline news as the currency began to depreciate rapidly against the US dollar. Although investors were not overly surprised that the yen would weaken, the speed of its decline was certainly startling. Over the course of about 15 months, between the start of 2021 to early April 2022, the yen has lost about 25% of its value against the dollar, with nearly half the move occurring in that final month.
-
FeaturesFixed income, rates & currency: disappearing safe havens
Risk markets have been having a torrid time of late. ‘Risk-free’ government bond markets are not providing any safe havens in these storms, with curves steepening and considerable volatility in longer rates.
