The Asian asset management arm of Prudential plans to keep alts at 5% of its portfolio, while the Korean Federation of Community Credit Cooperatives will nearly double its exposure to 15%.
The Malaysian pension fund and the Canadian insurer's Philippine unit agree that Asian debt is a riskier investment than in the past. So what alternatives are they looking at, if any?
Ping An Russell Investments will provide access to domestic hedge fund managers in a product for both wealthy clients and US dollar investors through QFII.