Australian logistics prove a good defensive strategy for investors during the pandemic, with promising yields and a stable and transparent market.
July’s most read: GIC to hire five associates; Omers to invest C$12bn more into Asia; Aussie super funds seeking co-investments
Hirings at GIC and Schroders, Omer's plan to add up to C$12 billion ($9.5 billion) in Asia by 2025, and Singapore's AUM rise to $3.5 trillion made our top stories for July.
Low to zero fees for co-investments mean higher returns, but opportunities are generally limited to institutional investors that can allocate dedicated resources.
Hesta hires Hostplus ESG head; Prudential head of HNW solutions joins Transamerica Life Bermuda; Chubb appoints Philippines country president; QIC chief executive to retire in 2022; Amundi adds ESG investment specialist; Aviva Investors expanded EM debt team with three hires; HSBC private banking regional head retires; and more
Record low borrowing costs in Australia are feeding demand for the country's real estate, with domestic and global investors raising their allocations into the sector.
The Australian fund, formerly known as Local Government Super, is drawn to share markets but does not plan add alternative assets because of liquidity constraints and fee pressures.