AI300: Pensions eye asset shifts as outlook darkens

Strong investment gains boosted the assets of Asia’s leading pension funds last year, but with the market outlook clouded by a host of uncertainties some are turning more cautious or remain keen to diversify even as others rejig portfolios in favour of growth assets. The findings of AsianInvestor's latest annual list of the region's top-300 asset owners shows the 65 pension funds among their number grew their assets under management (AUM) by 9.3% year-on-year to around $4.7 trilli…