News

Blackstone raises $7.9bn for Asia real estate fund

Blackstone, real estateGlobal investment manager Blackstone has secured $7.9 billion in capital for its latest Asia real estate fund. A filing with the US Securities and Exchanges Commission showed that the Blackstone Real Estate Partners Asia III fund had surpassed the $7.1 billion raised by its previous Asia-focused real estate fund which was launched in 2018. Blackstone has previously stated that it intends to raise more than $9 billion for the latest property fund. The private equity specialist has also signed an agreement with South Korean conglomerate Samsung that will commit $650 million to Blackstone funds. Samsung Life Insurance and Samsung Fire & Marine Insurance intend to grow their investments by investing in real estate, infrastructure and private equity funds managed by Blackstone. “It is meaningful to be able to sign a contract with Blackstone as a company aligned with our strategy of expanding our global asset management business,” stated Samsung Life. © 2022 funds global asia

Industry comments

Investing in tomorrow’s world

investmentAt times like these, HSBC Asset Management easily pivots towards emerging markets.

The spotlight on growth markets and the need to be nimble and dynamic is ever-sharper, given the difficulty in predicting monetary policy in the world’s major nations.

Sponsored feature: Navigating the complexities of FX execution and currency risk

A comprehensive, cost-effective, and transparent currency overlay hedging solution is crucial to mitigate FX exposure risks in the complex landscapes of Japan and China's FX markets, explains Hans Jacob Feder, PhD, global head of FX services at MUFG Investor Services.

Opinion

Transitioning to an era of scarcity

The world is transitioning from an era of commodity abundance to one of undersupply. Ben Ross and Tyler Rosenlicht of Cohen & Steers believe this shift may result in significant returns for commodities and resource producers over the next decade.

Asia credit: An outsized winner in the region’s energy transition?

Ross Dilkes, fixed income portfolio manager at Wellington Management, examines the opportunities and risks for bond investors presented by the region’s decarbonisation agenda.

A quiet revolution in Japan’s corporate governance

revolution, Japan, corporate governance, Shareholders, corporate, governance, standards, improvement, Tetsuro Takase, SuMi TrustShareholders in Japan no longer accept below-par corporate governance standards. Changes are taking place, but there are still areas for improvement, says Tetsuro Takase at SuMi Trust.

Why rising demand for healthcare is creating investment opportunities in China

rising demand, healthcare, investment, opportunities, China, Robert St Clair, Investment Strategy, Fullerton Fund ManagementRobert St Clair, head of investment strategy at Fullerton Fund Management, explores the reasons investors should be paying attention to the rising demand for healthcare in China.

Executive Interviews

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