Brighter Super - the $31 billion Australian superannuation fund - is switching to passive managers as market and regulation fears mount.
This reluctance contrasts sharply with large allocations by New Zealand super funds and increasing interest from Asian investors.
Appealing logistics valuations and strong ESG ratings are pulling investors to Europe.
Asian investors including Aware Super, LGIAsuper, NZ Super and an Asian insurer have been increasing their allocations to Europe’s residential property sector this year.
When it comes to properties, new build and old build present very different ESG challenges. AsianInvestor asked asset owners which they prefer and why.