Cbus appoints new CIO; ART announces incoming retirement chief; Tishman Speyer hires in Korea; Schroders names Australia CEO; Hines gets Asia research head; and more.
HKMA Exchange Fund's first-quarter gains soar; KIC considers alternatives investing in Asia; NPS benchmarks $1bn to a bespoke real estate index; Temasek looks at investing in Indian jeweller; and more.
BlackRock's former China JV head leaves; Fullerton FM hires MD for alternatives; Amundi names institutional sales head for South Asia; QIC gets new private debt chief; Hines opens office in New Zealand; and more.
Driven by gains in the value of existing real estate and new development, Asian investment property is likely to lead the world over the next decade, Hines says.
Japan’s life insurers are bailing out of foreign bonds at a record pace; Taiwan's Public Service Pension Fund sees ten months of consecutive losses; Korea Investment Corporation has made its first direct investment in an asset management firm; and more.
Cadillac Fairview and Ivanhoé Cambridge are among a slew of high-quality institutions investing in build-to-rent multifamily assets in Australia, as tenant demand continues to grow in the country.
Wealthy Chinese are exploring bigger investments in private assets as they seek shelter from wild swings in public markets, while managers look for revenue streams as institutional investors' interest dwindles; Singapore's GIC and Temasek make new investment forays into India; and more.
Investor focus is mounting after the creation of a JV between Warburg Pincus and Wensheng Asset Management. But investors need to weigh ESG factors, argue other managers.
The US firm, with $121 billion under management, has put a regional base in Hong Kong to spearhead a drive to build its real estate portfolio and client base in Asia.
Russian real estate took an alarming dive after the crisis, but the sector is now showing signs of life.