The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
The new office opens up initially with a target of servicing Asia-based investors, which currently contributes an aggregate one third of RoggeÆs total assets under management. At a later stage, Rogge says that it will develop a research arm in Singapore, and build personnel to support research into Asian bond issuers. Rogge perceives Asian issuers as currently offering some of the best potential opportunities in global fixed income.
Jonathan Dow, a partner in Rogge and its marketing director, has relocated from New York to set up the new Asian office. Before joining Rogge Global Partners, Bruce Willis-lookalike Dow had worked in London and Manchester, for Rothschild Asset Management and NM Rothschild & Sons, in which capacity he worked in both the dealing room and the treasury products department, in tandem with credit strategists Ray Regan and Peter Fitzpatrick.
Rogge Global Partners was founded in 1984 by Olaf Rogge. In addition to the Singapore office, Rogge is also present in UK, the United States and Germany. Its London office is housed in a converted medieval theological college, giving it one of the most unique and intimate trading floors in the City; amiable though Singapore may be, the firmÆs Lion City digs are likely to be comparatively mundane.
The firm has experienced considerable growth. At the time it won AsianInvestorÆs award for best hedged one-year performance in 2005, it had assets of just $10 billion, and was already starting to detect increasing momentum in investments from Asia, and that trend has persisted.
Record low borrowing costs in Australia are feeding demand for the country's real estate, with domestic and global investors raising their allocations into the sector.
Experts have a diversified view on the appeal of private assets across the region, but one thing's for certain - inflows are rising, particularly into China and the US.
Malaysia's Armed Forces Fund hires new CEO; Canada's Omers appoints Asia capital markets managing director; HSBC Asset Management creates alternatives unit, appoints CIO as its head; Bank of Singapore names global wealth head; Aware Super hires IFA head; Hong Kong names acting head for MPFA; Schroders adding to Asia ESG headcount; and more.
Asian fixed income assets – including Hong Kong dollar (HKD) bonds – are luring growing numbers of global investors who are striving for reliable and consistent returns amid macro uncertainty compounded by rising inflation and rates, according to HSBC Asset Management.