Govt investors fret about rates, emerging market volatility

HIGHER interest rates and emerging-market volatility top the list of portfolio concerns among government-linked institutional investors, according to a State Street study.

The management and security of data has also emerged as a relatively new but significant priority for central banks, sovereign wealth funds and state pension funds.

"With the increase in exposure and interest in new asset classes and new markets comes an increase in the complexity of portfolios," said Henry Quek, State Street's Asia-Pacific head of official institutions.