High net worth investors are increasingly turning to bricks and mortar to allocate capital, with Japan and its residential housing sector emerging as a favoured destination.
The demand from both older and newer generations of (U)HNWIs are spurring a development in private asset offerings for single and multifamily offices.
NGS Super chief executive retires; Raffles Family Office taps veteran real estate strategist; WTW appoints Sean Deehan as leader of Hong Kong and Macau; Frasers Property creates new group function, appoints CIO; and more.
North American family offices are drawn to Asia, while firms already in the region are also looking to increase investments, according to a new report.
Aware Super appoints deputy CIO and head of governance; AustralianSuper promotes chief risk officer to replace Paul Schroder; Raffles Family Office adds two new roles to independent advisory board; Amundi appoints South Asia CEO; Barclays names China chief executive; Zico hires head of advisory in Singapore; Capital Group names head of HK client group; and more
Schroders announces leadership change in Asia Pacific; Sun Life adds to digital team; Raffles Family Office expands leadership team; State Street appoints head of product management for Asia Pacific; Goldman Sachs hires for family office offering in Australia; Rest GM joins cryptocurrency fund manager; Apex Group hires for real estate and Australian private market sales; and more.