Inflation concerns drive Asia-Pacific pension funds to alternatives

Pension funds in Asia-Pacific are planning to increase allocations to alternatives to hedge against inflation, but they lack the expertise and understanding to manage these assets in-house, according to a Cerulli Associates report. Between 2020 and 2022, these pension funds increased allocations to alternative assets by 28.4%, and are looking to outsource their alternative investments — particularly to hedge funds, private equity and private debt, according to The Cerulli Report — Asian Retirement Markets 2023: Building Security Against Uncertainty. Figures...