Niche office investment in Beijing highlights German property investment firm's growing emerging Asian push after a multi-year expansion.
The Canadian private markets investment giant plans to invest more in Asia Pacific, just as it is seeing growing appetite for its funds from the region, says Asia-Pacific chief Bill Powell.
Chinese investment industry executives are unhappy about how quickly local regulators have tightened policy on private funds. More clarity would help both domestic and foreign players.
Beijing pledged last week to raise the 49% cap on foreign stakes in mainland fund firms and to give details on investment management WFOEs, further widening the options for overseas fund houses.
Mainland authorities are said to be considering whether tighter rules are needed for the domestic mutual fund industry, which hit the $1.3 trillion mark in December.
Prince Max of Liechtenstein, a board member of LGT Group, discusses recent moves by the asset management and private banking firm in the region.