Equities

In an exclusive interview with AsianInvestor, the sovereign investor's chief talked about how the fund is responding to heightened global risks and the challenges of AI.

Regional fund flows saw sharp rotations with investors prioritising diversified allocation funds, short-duration fixed income and localised markets.

Asia Pacific (Apac) institutions are overhauling their risk management practices by unpicking shared macro drivers across asset classes.

Other active investment strategies, including credit and arbitrage, also performed strongly, while strategic tilting and real assets underperformed.

The Singapore single family office is focusing on structural shifts in technology and consumption rather than chasing the market’s latest investment theme.

Japan’s breadth and liquidity are drawing strategic capital, while Korea offers a potentially stronger re-rating, and Taiwan remains a core but concentrated technology exposure.

Structural flaws in passive indices are giving active managers a chance to reclaim their edge.

High foreign currency hedging costs and rising local interest rates are driving Japanese defined benefit funds back toward domestic bonds, general accounts and active manager restructuring.

Strong appetite for technology-focused equities supported flows into South Korea and Taiwan while fixed-income funds across the region lagged.

As AI demand drives tech valuations sky high, Chinese equities, healthcare and select cyclical sectors in the region are becoming more attractive.

As China’s semiconductor push reshapes allocations, AsianInvestor spoke to experts on how to capture structural alpha, manage yields and navigate valuation gaps.

Deciding where active management genuinely adds value now depends on stock correlation, fundamental persistence, and choosing between specialist or generalist managers.