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 firm has formed London Asia Capital Mongolia, in a 60/40 joint venture with Capitron Bank of Mongolia, a small local commercial bank. The joint venture plans to offer advice to Mongolian companies on cross-border M&A and international capital raising. It will also be dispensing advice to Capitron Bank concerning restructuring and capitalization.
The Lord Mayor of London himself signed the joint venture deal with Capitron. David Brewer, who is also a non-executive director of London Asia, was on a Mayoral tour drumming up business for the City of London in Mongolia.
London Asia was also given the advisory mandate by Northeast Asia Resources, a junior Mongolian mining company fossicking on the steppe, which would like to raise capital on the London exchange.
Simon Littlewood, London AsiaÆs CEO, together with Victor Ng, originally founded London Asia in 2000. They also announced recently that John Manser, former chairman of Robert Fleming Holdings, has been appointed as chairman of the London AsiaÆs Chinese Private Equity Fund.
London Asia has invested in more than 20 companies, including floatations of Betex Group, China Eastsea Business Software, China Education Group, Peach Blossom Media, Sunpower Group and Snowcity.
Sunsuper and QSuper appoints CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
Investors from China and the US are expected to continue buying assets in each other’s markets despite the blacklist of Chinese firms with military and surveillance ties.
Stronger government actions are needed to meet the Paris Agreement goal of limiting global temperature rise to 1.5 degrees, investors such as Hesta and CDPQ signed in a statement.
AsianInvestor explains why we chose the winners of the second half of our 2021 fund manager winners, by major local markets.