Some equities were trimmed from the JP Morgan mixed-asset fund because the average valuation reached the upper-end of the firm’s projection, said Julie Ho, co-manager of the firm’s Asia-Pacific Income Fund.
Tag: Real Estate
In case you missed it (20 July 2018)
CFA to include blockchain and cryptocurrencies in the exam; Fidelity creates new role for Asia private banking sales; Franklin Templeton makes two hires for Asia multi-asset solutions; Singapore’s Lion Global rolls out low-cost balanced fund; SFC fines HSBC Broking for bond selling malpractices; Bloomberg launches Twitter feeds product for trading algos; and more…
China Everbright acquires US asset manager
EBA Investments, the real estate asset management arm of Hong Kong-listed China Everbright, has bought Texas-based Arrow, which specialises in real estate investment.
Principal Global buys real estate manager
Principal Financial Group has bought Internos Global Investors, a European real estate investment firm, which the firm believes will help address demand for real estate investment products in Asia.
Asia’s fund selectors turn to alternatives
Are commodities and property going to boost returns? Fund selectors in Asia are planning more diversification into alternative asset classes, in particular commodities and property, according to FSA’s Asset Class Research.
Chinese HNWIs pour money into PE real estate
Hong Kong-headquartered real estate private equity firm Gaw Capital Partners has raised $1.3bn in the final closing of its fifth Greater China and Asia-Pacific real estate fund.
Chinese outbound RE investment slows
Despite capital controls, Chinese investors still contributed 47%, or $28.2bn, of Asian outbound real estate investment in 2016, according to CBRE.
SLI expands Asia Pacific presence
The Edinburgh-based asset manager announces a new real estate team in Singapore.
BEA Union IM bets on China high yield
BEA Union Investment Management said it has started to look into higher risk sectors for offshore China bond investments, despite concerns about surging default rates.
Asia’s $62.4bn outflows into RE set record high
In 2015, Asian outbound real estate investment soared 37% year-on-year as investors seek alternatives in a low yield environment, according to CBRE Asia-Pacific Research.
