News

LaSalle Asia fund raises more than €1bn

Fund raising Investors’ appetite for Asian real estate continues to rise following reports that an Asia focused fund launched by property fund manager LaSalle Investment Management has raised more than US$1 billion from investors. The news was disclosed by US pension scheme Arkansas Teacher Retirement System, one of the fund’s limited partners. According to the document approving the pension fund’s $50 million allocation to the LaSalle Asia Opportunity VI fund, the vehicle has raised $1.06 billion. The fund, which is eyeing a target of $1.5 billion in capital, will focus on a mixture of logistics, office, retail and residential properties in Japan, China, Australia, South Korea and Singapore. The fund’s predecessor, Asia Opportunity V, which launched in 2016, raised more than $1.1 billion. © 2021 funds global asia

Executive Interviews

Executive interview: PGIM CEO on where the ESG flowers should bloom

Sep 27, 2021

David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as...

Executive interview: Nicolas Moreau’s orderly transition

Jul 12, 2021

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Roundtables

Roundtable: How well geared are Japanese assets for a new world?

Jul 12, 2021

As we prepare to emerge from Covid, experts look at overcoming demographic issues through a combination of good tech and corporate governance, improving productivity and meeting an ambitious government carbon emissions reduction target. Chaired by Romil Patel.

Hong Kong roundtable: Increasing China’s prominence as an asset class

Mar 04, 2021

Our line-up of experts in Hong Kong considers the importance of fixed income ETFs, sustainability and the prospects of increasing China in the indices. Chaired by Romil Patel.