Korean pensions must endure volatility and embrace a total portfolio approach (TPA) after painful lessons from 2008 exposed the cost of abandoning long-term conviction.
As the asset class expands across the region, Benjamin Deng argues the real challenge is not asset growth but the lack of diversification and liquidity mismatch.
Nicolai Tangen, head of Norway’s $1.75 trillion sovereign wealth fund, has said that investors must adapt to the growing dominance of technology stocks.