Alternative investors shifting assets into Japan, India: Preqin

TOKYO -- Alternative investors are racing to diversify their assets into Japan, India and South Korea, as China loses its luster as a destination for private equity, real estate, and venture capital investment.

In the private equity category, for instance, $5 billion is earmarked for Japan out of a total of $14.8 billion raised for private equity investment in the Asia-Pacific region in the April to June quarter, according to data released Wednesday by Preqin, an alternative investment research company. Meanwhile, $6.9 billion was set aside for diversified investment across the region.