16th December 2025

APAC real assets: turning market friction into opportunity for global investors

As Vistra surpasses a trillion dollars in assets under administration, one thing is clear: the pace of change in the investment world has never been faster or more complex. This three-part series anchors Vistra’s perspective on evolving fund trends across APAC, Europe and the US, drawing directly from our latest collaborative research: the Friction Index 2025 (Vistra/APREA) and the Data at the Crossroads report (Vistra/Global Funds Intelligence). These studies reveal a landscape shaped by operational hurdles, while offering many untapped possibilities. We begin the global series in APAC, where rapid sectoral transformation is driving a historic wave of investment. As Vistra’s Christine Wang explains – in APAC friction is not a barrier, but rather a catalyst for those equipped to master it.