SINGAPORE (Dec 9): Traditionally conservative institutional investors such as pension funds are now exploring allocating a larger portion of their assets to alternative investments such as hedge funds, private equity, venture capital, real estate and infrastructure.

There has been tremendous growth in this asset class, with the hedge fund industry alone having total assets under management of US$3.15 trillion ($4.31 trillion) by mid-2019, more than double its 2011 year-end value.

This is not just a US story; it is a global phenomenon. In Asia, Japan’s Government Pension Investment Fund entered into non-traditional asset classes in 2017, and has targeted 3% of its US$1.4 trillion in AUM for alternative investments over the next three years.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook