The Norwegian Government Pension Fund Global and AXA Real Estate will form a real estate joint venture, with the sovereign wealth fund committing €702.5 million ($1.01 billion) for a 50 per cent investment in seven Parisian properties. (more…)
Integrating a sovereign wealth fund (SWF) into total sovereign assets and liabilities, instead of focusing on SWF asset allocation in isolation, will impact optimal sovereign asset management, according to new research by the EDHEC-Risk Institute. (more…)
State Steet’s newly launched research centre will look to provide long term strategic insights into the investment management industry,with an initial focus on regulatory changes, distribution, products, fees and technology. (more…)
This IMF working paper makes an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and insufficient support from government policies and regulations. The papers says, with rapid economic growth in Asia, a key challenge is to generate financial assets that can provide the underlying collateral for expanding fixed-income markets, and hence domestic and regional investment opportunities. (more…)
Renowned American economist and writer Burton Malkiel has dismissed fears that the Chinese economy may falter and says he expects China to continue to grow strongly for at least a decade. (more…)
Pension plans are doubtful that product innovation will boost returns and want asset managers to improve what they already offer rather than create new products, a survey across 30 countries has found. (more…)