MAS names sustainability head; Malaysia’s EPF appoints COO and CFO; GIC PE head for SEA leaves; State Super hires new exec; Hesta appoints chief growth officer, chief Debby Blakey appointed to corporate governance board; ex-BlackRock exec joins IQ-EQ in Singapore; HSBC AM builds direct real estate team; ex-Vanguard head of distribution joins LGIM; Sanne names Singapore head; and more
Under the mandate, Janus will act as a sub-advisor to Nikko Asset ManagementÆs Nikko Global Wrap North American Equity Mother Fund. The fund is a Japan-domiciled investment trust with assets under management of around of Ñ75.4 billion ($750 million). The fund is part of various portfolios, including one of NikkoÆs flagship multi-manager funds, the GW Seven Eggs Fund, which invests in seven diversified asset classes and sub-advised by a variety of investment managers.
The Janus research strategy is a core product for the firm that invests in the most compelling ideas generated by the in-depth, grass roots research conducted by the firmÆs analysts. Holdings and weightings within each sector are determined by the sector teams and are buy-rated or strong buy-rated by the research team.
Jim Goff, the firmÆs director of research, oversees the investment process for the Janus Research Fund and is responsible for day-to-day portfolio management. The strategy will be sector neutral and will look to generate excess returns above the MSCI North America Index while minimising tracking error.
Janus Capital Management is a unit of Janus Capital Group, which manages around $192 billion in assets for more than four million individual and institutional clients around the globe. Outside the US, Janus has offices in London, Tokyo, Hong Kong, Singapore, Melbourne and Milan.
The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Investors are seeing the risks, but also the opportunities of the logistics sector. Warehousing their fears for the moment, they can see it's a good conduit to high-growth assets.
Insto roundup: GPIF staff say J-Reits more attractive than traditional assets; Hong Kong's strict Spac criteria
EISS Super hit by another scandal; China's CSRC launches consultation on disclosure requirements for new BSE securities; Hong Kong issues consultation paper on Spacs; New World Development partners with China Taiping to focus on Greater Bay Area projects; GPIF employees say Japanese Reits have grown more attractive; Taiwan's BLF invites bid for $1.7 billion mandate; and more
SGX’s new framework for Spacs will likely provide investors with a much-needed channel for direct deals, but the verdict is still out on whether it will bring liquidity to the bourse.