Global asset owners today have their work cut out for them as they consider capital allocation decisions. Across asset classes and geographies, various economic, regulatory, and environmental fault lines have left a challenging and uncertain operating theater from which to draw returns. Even so, there continues to emerge pockets of entrepreneurship and innovation around the world that would drive growth and returns for the years ahead. What are the most important themes that are top-of-mind for asset owners as they make allocation decisions? Beyond pure financial returns, to what extent do non-financial positive externalities determine investment and diversification strategies? How do markets like the Greater Bay Area play into their Asia allocation? How are they navigating today’s complex financial environment?