The peaky new deal is taking place amid trade tensions that threaten to tip the global, and especially the US, economy into a recession, which could hurt trade levels and demand for logistics services.
For the Japanese market, Aberdeen Standard Investments will co-invest and co-manage investments with its Japanese partner's affiliate, Sumitomo Mitsui Trust Real Estate Investment Management Co. Ltd.
Jack Lowenstein and Chad Slater, Morphic's founders and managing director and executive director respectively, will still run Morphic's strategies
It has been sitting at a 100 per cent certainty for pretty well the past fortnight, although lessons on assumed known knowns can drawn from a betting agency paying out on a Labor win ahead of the result last month.
Managers chosen for the Korea Post mandate will be required to set up a managed account with either Mirae Asset Global Investments or Korea Investment Management Co, which are the postal agency’s overseas equity investment advisers.
The money will be used to build up the company’s middle and back office functions, bolster its equities research capabilities, and expand its operating capacity, Aggregate AM says in a statement on May 29.
Chinese insurers and specialty financial stocks are at attractive valuations and should eventually post superior returns, according to Krina Nandra, Pictet emerging market product specialist.