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.
For the investment management arm of State Street, Ho reports directly to Justin Pascoe, chief investment officer for SSgA in Asia ex-Japan. Upon moving to the firm in April, Ho joins a team with some 30 members located in offices such as Paris, London, Boston, Montreal, Sydney, Tokyo, and Hong Kong.
According to the firm, SSgAÆs active quantitative equity team develops investment models for clients using quantitative methods as opposed to the qualitative methods that rely on analysing fundamental numbers and company visits. This team also works closely with State StreetÆs advanced research centre, using its proprietary quantitative models to manage active risk-controlled strategies that cover single-country, regional and global assignments managed against a wide variety of client-specified benchmarks.
At UBS, Ho was the head of the Asian quantitative research team. Prior to this role, she was with Macquarie Funds Management where he helped to develop a Hong Kong enhanced equity process.
Mega players Nippon Life and Dai-ichi Life are looking for opportunities in higher-yield single-A US corporate bonds, which offer more appealing yields than stagnant domestic offerings.
The “lower for longer” monetary policy and stimulus packages, coupled with the rolling out of vaccine programmes favorably support real estate investing in the region, with offices and data centres presenting forward-looking opportunities.
As US fixed income default rates rose and yields fell during the pandemic, are Asian bonds, which have had more stable yields through 2020, looking more attractive?
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