Transitions in Asia still reliant on sovereigns

Asset owners are pressing the need for greater transparency and codes of conduct for transition managers in Asia while lauding the use of professional transitions when managed appropriately. But the business is still heavily reliant on sovereigns and central banks in Asia.

Asia Risk’s second Transition Management Forum in Hong Kong took place on March 8 with transition managers acknowledging that their business is still not very well known or understood in Asia. Much of the focus of the one-day event was on education, in a bid to explain to potential users the benefits and pitfalls associated with transition management via industry presentations, case studies and panel debates.

In countries such as Australia and the UK, delegates noted that it is rare for