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
KGR Capital has approximately $350 million of assets under management. KGR was formed in 2002 by John Knox, Nicholas George and Christopher Rampton and has a staff of 16 based in Hong Kong and London. The plan is for all KGR staff to remain on deck and carry on with existing duties.
KGR has three funds: its flagship, KGR Capital Asia Pacific Absolute Return Segregated Fund; KGR Capital Asian Dynamic Fund; and KGR Capital China Absolute Return. It also acts as the investment adviser to KGR Absolute Return PCC Ltd, a closed-end investment company listed on the London Stock Exchange.
The parties claim that the combined entity will constitute something greater than the sum of its parts. ôItÆs a case of two plus two equals five,ö says Knox. ôLGT liked our product base and the fact that we have a big research presence.ö
Alternatives manager LGT Capital Partners is headquartered in Pfaeffikon, Switzerland and currently manages over $17 billion in hedge fund and private-equity investments globally via its Crown and Castle alternative investment programmes. In Asia, it has offices in Hong Kong and Tokyo.
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.