Raising alts allocation "no silver bullet": Eastspring
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%.
Institutional portfolios may need to take on more risk to generate higher returns, but alternatives are not a silver bullet, says Kelvin Blacklock, Singapore-based chief investment officer of global asset allocation at Eastspring Investments.
In the low-interest-rate environment, equities are widely being viewed as a better portfolio component than fixed income. However, allocations to alternatives will remain low at Eastspring, the Asia asset management arm of UK insurer Prudenti…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.