Asia-Pacific asset owners increased their overall alternative asset allocation between October 2021 and March 2022 from 15.3% to 21.5%, according to a report by AsianInvestor, but private equity allocations fell over the same period.
Asia-Pacific asset owners increased their overall alternative asset allocation between October 2021 and March 2022 from 15.3% to 21.5%, according to a report by AsianInvestor, but private equity allocations fell over the same period.
The report cites the latest Asset Owner Insights (AOI) survey as revealing that PE has gone from the most popular to the least favoured alternative asset class among Asia-Pacific investors in just six months with real assets and private debt proving more popular.
Private equity was the only asset class that showed outflows over the period with its overall weight dropping from a leading 4.9% to a just 2.6%.
The largest increase, meanwhile was seen in private debt, followed by infrastructure and real estate. Real estate remained the most popular alternative investment at 7.1%.
The latest survey was conducted in April and May 2022, gathering datasets from 69 asset owners across the region. Total assets under management (AUM) of the respondents were $7.5 trillion as of end September 2021.
