In partnership with Towers Watson
It’s time for asset owners to modernise their risk management practices, argues Towers Watson. The possibility of mission impairment gives rise to the need for buffers.
Tag : naomi denning
The firm's intention with MPFexpress.com is to familiarise itself with the city’s evolving pension system to help corporates help individuals. It admits there is a philanthropic element, too.
Institutional assets have nearly doubled in a decade to $28 trillion, even as the ratio of assets to liabilities has fallen except in Australia and Hong Kong, finds Towers Watson.
China wants to encourage growth and consumer spending while avoiding economic overheating, says Naomi Denning of Towers Watson. She outlines some of her clients’ wishes and concerns about the mainland market.
The firm says there is strong demand among institutional investors in the region for exposure to alternatives and has entered the hiring markets to service this need.
The consultancy provides details of its new MPF website and quarterly magazine designed to educate the man on the street about how to get the most out of the city's MPF scheme.
The last decade has seen Brazil grow fastest followed by Australia, while the only positive allocation in the past 15 years has been to alternatives, finds a Towers Watson study.
But the key issue facing fund managers and institutional investors is striking a balance between long-term strategic asset allocation and dynamic allocation, say conference participants.
If asset managers and owners in Asia are to incorporate climate risk into their investment modelling processes, they will need more regulatory certainty on the issue, say consultants.