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US endowment returns rocket on SpaceX windfall

US endowment returns rocket on SpaceX windfall

Early venture bets on SpaceX have ballooned into major portfolio positions at some US university endowments, with new analysis estimating the aerospace firm contributed as much as 10.6 percentage points to annual returns. Michael Markov, founder of US quantitative researcher Markov Processes International, says the windfall is now creating a concentration risk that investors cannot ignore.

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How Asia-Pacific investors can navigate Trump’s America first plan

President Trump is dramatically reshaping geopolitics, creating new risks and opportunities for investors across the Asia-Pacific.

How new technologies are changing the game in private markets

With the ability to uncover hard-to-find information and enable more frequent trading in traditionally illiquid asset classes, new technologies like artificial intelligence and tokenisation could be the biggest disruption most private markets investors will see in their lifetime. 

How capital markets became a weapon of choice in great power conflict

Capital markets continue to be a key battlefield of power between Beijing and Washington, and whether the yuan has a serious chance of taking over the dollar as the international currency is the next big question for the world economic order. 

Investors brace for life after the US dollar 

A world where the US dollar is no longer the reserve currency seems increasingly likely by the day, and institutional investors are wary that it could fundamentally change the way they construct portfolios. 

Future of Asia now ‘a more difficult story’ as multilateralism crumbles

The global environment in which small Asian economies have thrived over the past seven decades is being dismantled as the US retreats as an advocate of multilateralism, globalisation and internationalism, warned leading geopolitics academic and economist Danny Quah.

Geopolitical uncertainty forces investors to adopt more granular approach

The radical shift in world geopolitics has prompted investors like the Monetary Authority of Singapore, Khazanah Nasional Berhad and the Hong Kong Monetary Authority to rethink their strategic asset allocations in favour of a more granular approach.

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