The portfolio holds a potential upside for the Korean asset owner and its partners, its CIO tells AsianInvestor.
Having already linked up with Korea's Poba, Denmark’s largest commercial pension fund wants more regional tie-ups for big-ticket real estate deals in both Asia and Europe.
The move is part of an asset owner partnership strategy to help Poba increase its direct investments, and it offers the pension fund a good strategic overlap.
Having majority stakes in Chinese fund management joint ventures should give overseas firms more certainty in setting remuneration levels and bringing in talent.
The bank will hold a 70% stake in, and has chosen a chief for, the first foreign-majority-owned joint-venture fund house in China, as offshore players mull how best to access mainland clients.
The French asset manager's CIO outlines how the firm aims to build on the strong growth of its Asian joint ventures. Further regional expansion and product launches are on the cards.