Market Views: How asset owners are outsourcing

Growing uncertainty is pushing more asset owners to diversify their investments into new asset classes. But venturing into unfamiliar territory isn't a straightforward decision. While some have looked to build out their in-house talent, others have enlisted outside help. In Asia, outsourced institutional investor assets under management total some $11 trillion and are expected to rise by a further $1.2 trillion by 2023, according to a McKinsey report in October. The real estat…