The former head of real assets at Korea Post says Korean institutional investors are set to pour money into global alternative investments.
The private equity firm’s third real estate vehicle will have a focus on special situation deals, particularly in Japan and Australia.
The PFA likes infrastructure and real estate, but is mistrustful of the ideas presented by fund managers.
Things must still get worse for Japan if its leaders are to fully come to grips with its malaise, says Thierry Porte, former Shinsei Bank president.
The $240 billion fund is lobbying its regulators to allow it to invest in global alternative investments, but timing is a mystery.
The plan is to increase their allocation to alternative assets from 11% to 17% by 2012 which is a bigger jump than in other regions, according to a Russell Investments survey.
The real estate investment firm seeks to deploy around $1 billion to Asian exposures in private and listed equity.
Aviva’s Asian real estate arm sees the best immediate risk-adjusted opportunities in Japan and Australia, but likes China over the longer term.
Standard Chartered private equity invests $35 million in Sino Ocean Real Estate Development, marking its third investment in China's real estate sector in less then a year.