Asia continues to lag other regions for integrating ESG principles with investing; better data and stronger regulatory requirements will help institutional investors, market observers say.
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.
Global investors are advised to look selectively at Japanese equities as the country recovers from lockdown and continues to improve corporate governance.
Weekly investor roundup: Sun Life weighs second ESG fund in HK; Korea's NPS reduces domestic equity allocation
Sun Life considers launching second ESG fund in Hong Kong as it banks on the growing theme; NPS lowers exposure to large-cap and other domestic shares; Temasek's Vertex Technology Acquisition Corporation becomes first special purpose acquisition company on the Singapore Exchange; and more
IHS Markit research points to better dividends but a lower payout ratio.
Omicron may have put the bite into the property sector, but commercial property in Asia Pacific is defying the odds in a challenging sector, says a CBRE report.