Authored by Nick Pollard, Managing Director, CAIA APAC, and Joey Chan, CFA, FCCA, CPA, Director, External Relations, CAIA APAC
The penguins of Heard and MacDonald Islands may be unfazed by U.S. tariffs, but for investors across Asia, it’s a very different climate.
When the U.S. launched its 2025 tariff wave, the ripple effect hit Asia fast. Exits slowed. Valuations got foggy. And allocators were left asking: now what?
In the latest issue of Chronicles of an Allocator, Nick Pollard, Managing Director, CAIA APAC and Joey Chan, Director, CAIA APAC External Relations, unpack how tariffs are shaking up private markets across Asia by stoking volatility, complicating exits, and reshaping opportunity sets in PE, VC, credit, real estate, and more.