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 pair will work together to develop a special range of Tower-branded multi-manager products, with Tower assigned to manage the partnership and Russell given overall responsibility for investorsÆ funds.
CEO of Tower Investment, Graham Evans, says Russell was picked from a string of candidates because of its strong local focus in Australia.
Meanwhile, Alan Schoenheimer, managing director for Russell in Australasia, says: ôMulti-manager investing is a complex process that combines global manager research, the careful selection and blending of managers, asset allocation, performance monitoring and efficient implementation of a portfolio,ö says
ôMore recently, changes within the structure of capital markets have made it necessary to gain exposure to non-traditional asset classes such as hedge funds and global listed property, and to access the expertise of boutique managers with innovative approaches to sourcing alpha within a disciplined risk management framework. This is RussellÆs core focus.ö
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.