While local managers played down the risks of uncertainty, foreign observers suggest a period of underperformance would not be surprising.
National Australia Bank is establishing Metrics Capital Partners to provide Asian investors with exposure to Australian corporate loans, including infrastructure and project finance.
MacarthurCook Industrial Reit raises $155.5 million in new capital, including a $15.8 million investment by AMP and a $111 million rights issue. Separately, AMP Capital hires Anthony Fasso to head its international business.
Cost-cutting continues in the bankÆs Asian operations, but says de-listing won't affect its funding in the yen debt market.
The deal makes HSBC the second largest domestic custodian in the market.
National Australia Bank offloads its Hong Kong and Indonesian insurance businesses for A$575 million.