A promoter for the UK island is targeting asset owners and fund managers in the region, but may struggle against established players such as the Caymans and even Hong Kong.
Asian institutions are looking at new approaches to investing including boosting alternatives holdings to increase returns, but just 4% plan to outsource more in the next year, finds Natixis GAM.
They are asking for long-term performance, but changing managers on short-term results. Nevertheless, Cerulli’s Ken Yap sees emerging opportunities for serving Asian institutions.