Private credit might be less attractive than it was last year as investors rush into the market, but there are sweet spots to be found.
Philip Levinson has been appointed head of client relations for Asia ex-Japan and Australia. He has spent 20 years in the real estate business and gets the job heading client relations after running capital raising in the region for LaSalle Investment Management.
Before LaSalle, which seems to be the training ground for many of today's top brass in Asia's alternative real estate sector, Levinson was a director of property at Westpac.
Tokyo-based Jon Tanaka has been named head of portfolio management and head of client relations for Japan. Before RREEF he had a Deutsche-esque pedigree by virtue of having been a vice-president with Bankers Trust in New York.
RREEF has nearly $100 billion under management in alternatives and some market researchers reckon it is the world's largest investment manager in the alternatives arena. Hungry for yet more, RREEF announced plans last week to roll out three of its institutional funds to retail investors in Hong Kong.
CDPQ's Ivanhoe Cambridge hires ex-GIC real estate expert; NZ Super adds board member; Future Fund appoints chief people officer; BlackRock real estate CIO joins Singapore's Capitaland; AMP Capital hires MD for energy; Northern Trust AM names new CIO; T Rowe Price hires AU and NZ institutional head; Nuveen hires Southeast Asia institutional head; Citi names sustainability head in Singapore; and more
Investors are increasingly turning to private companies and private debt in their hunt for ESG alpha, but the age-old problem of transparency and due diligence remains
Already on the rise pre-Covid, investments into data centre assets in Asia have accelerated in the past year, fuelled by interest from investors across the spectrum.
Actively managed funds were also not found to have better odds of higher returns than more passive funds.