Sun, Feb 1, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Cerulli survey finds that Asian institutions are moving back to hedge funds and other alternatives

Tuesday, March 13, 2012

Beverly Chandler, Opalesque London: The latest Cerulli Associates’ report, entitled "Asian Institutions Allocate to More Risky Mandates as Asset Levels and Confidence Rise", finds that Asian institutions are making actively managed vehicles, foreign mandates, and global debt portfolios the beneficiaries of a new appetite for riskier assets.

Cerulli finds that as the 2008-2009 crisis gets behind the Asian institutional investment community, the funds are slowly beginning to allocate to more risky mandates. The research firm says: "The trend demonstrates a growing confidence among institutional investors in the region to put their excess capital to work. Sovereign wealth funds, pensions, and central banks are among the institutions showing changes in portfolios".

Looking back to the 2008-2009 crisis, Cerulli reported at the time that there was a trend across Asian sovereign wealth funds to prefer passive over active management. They now find that this preference has faded, and been replaced with a new commitment to active management. However, Cerulli reports, some investors still prefer passive investment in certain asset classes, notably debt and, in some cases commodities.

Another phenomenon during the crisis was that pension funds interrupted outsourcing for foreign allocations, preferring domestic investments, managed in-house or with local fund providers. Cerulli says:......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would