Dai Xianglong tells a forum the social security fund will raise its private equity investment heavily over the next three years after PE accounted for 70% of its total return in 2011.
It's not raining men in Korea, but private equity financiers can step in to help when a family bloodline looks like faltering due to a lack of a male heir.
The Canadian institution is rapidly building an investment team in Hong Kong to capture growth in Asian markets, starting with China-focused private equity.
High-net-worth investors continue to shun alternative investments, as private banks increasingly favour in-house product, according to research by Scorpio Partnership.
But on a five-year view, losses in late-2008 and early-2009 have not prevented the asset class from making money and outpacing publicly listed equities, says Preqin.
Post-crisis, there is greater pressure on managers of fund managers in Asia to justify their fees and provide more information about the funds they choose.
The Swiss private bank now requires clients to æopt outÆ if they donÆt want their portfolio run along sustainable-investment lines; performance in the sustainable portfolio is deemed superior.