A number of managers enjoyed double-digit growth in AUM during the past year, according to Global Investment Managers 2016, an annual survey and report produced by Property Funds Research and Institutional Real Estate, Inc.
From the Current Issue
During August, both Asia Pacific and global property stocks had muted performance, as the markets once again assessed the balance of conflicting global economic data and signs the US Federal Reserve would be more likely to raise interest rates in 2016, which led to a strengthening dollar.
With Brexit, there is gathering unease in Asian property circles that international commerce could be trimmed in coming years — the same global trade that has benefitted the Pacific Rim for decades.
A change in the somewhat arcane Global Industry Classification Standards will better define public real estate, with potential ripple effects for private real estate, as well.
It’s coming. Everyone knows it — but not when, what will cause it, or how bad it will be. “It” is the next downturn, of course. If you are looking for signs it may be approaching, pick your poison.
Hing Yin Lee is executive director of China Ping An Trust Co, the investment arm of China’s Ping An Insurance Group. Lee recently spoke with Jonathan Schein, Institutional Real Estate, Inc’s senior vice president and managing director of global business development, about the firm’s approach to overseas property investment and the type of deals it finds most attractive.
Earlier this year, on June 27, Alvin Toffler died. For those few of you who’ve never heard of him, Toffler released a seminal and oddly prophetic tome called Future Shock in 1970. In that work, he coined the term “information overload” — an experience with which we’ve all become intimately familiar today, 46 years later.