Asia Risk 15: Jack Lin, Janus Capital

The development of mainland Chinese markets may mimic what has already occurred in Taiwan, according to Jack Lin, co-chief executive officer of Janus Capital International in Hong Kong, but the role of sovereign funds and the quantum of scale indicate there are also important differences. Georgina Lee reports

Asia’s sovereign wealth funds and national pension funds have relatively short operating histories, meaning they have experienced fewer cycles of financial market turbulence than their peers in the US and Europe. They also have strong government ties meaning their investment mandates are often underpinned by the state’s economic targets.

The result is their investment horizons have tended to be shorter and they are often more reactive to bouts of market volatility, says Jack Lin, a Taiwanese