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LaSalle's Asia-Pacific co-CEO retires
truePhilip Ling retired Tuesday as LaSalle Investment Management's co-CEO, Asia-Pacific.
China plans to allow endowment pension fund to invest in stock market
trueChina will allow its basic endowment pension fund to invest in stock markets, according to draft regulations posted on the Ministry of Finance's website.
New Mexico council earmarks $300 million to 3 funds
Shanghai composite index plunges 7.4% as sentiment turns cautious
trueThe Shanghai Stock Exchange Composite index plunged 7.4% Friday to close at 4,192.8
Quebec's Caisse, APG Asset Management invest in China real estate developer
trueA unit of the Caisse de Depot et Placement du Quebec and the money manager for Stichting Pensioenfonds ABP raised a combined $920 million to invest in Chinese retail real estate developer Chongbang Group.
U.K. realty manager, Chinese firm launch joint venture
trueSavills Investment Management, a real estate money manager is entering into a joint venture with China Minsheng Investment Capital Co., to develop and promote a series of real estate funds and other investment vehicles.
HSBC Global Asset Management taps director of China institutional business
trueMark Li was named director, institutional business China, at HSBC Global Asset Management, effective June 15.
China A shares on track to be added to MSCI indexes
trueMSCI expects to include China’s A shares in its global benchmarks after “a few important remaining issues related to market accessibility have been resolved,” the index provider said in a statement.
Vanguard's China A-shares play ups the ante for industry
trueThe Vanguard Group's unexpected announcement that it will add exposure to China's high-flying but tightly regulated onshore markets accelerates competition among money managers to provide the broadest exposure to global markets.
China's market surge could pose problem for investors
trueInstitutional investors might soon have occasion to ponder what the opposite of catching a falling knife is.
Aberdeen to expand U.S. presence with FLAG Capital Management acquisition
trueAberdeen Asset Management will acquire U.S. and Hong Kong-based private equity and real assets funds-of-funds manager FLAG Capital Management, in a deal that will expand Aberdeen's presence in the U.S. market.
FTSE announces first emerging markets indexes with China A-shares exposure
trueFTSE on Tuesday announced the launch of two “transitional indexes” allowing institutional investors to add an initial increment of China A-shares exposure to their emerging markets benchmarks.
Ariel names head of Asia-Pacific region
trueIan M. Webber joined Ariel Investments in Sydney as senior vice president, institutional marketing and client service, and head of Asia-Pacific.
Russell, Ping An end China-based joint venture
trueRussell Investments and China-based financial services conglomerate Ping An Insurance Co. of China agreed to end a joint venture they established in 2011.
GIC, CPPIB form joint venture for $263 million purchase of Seoul mall
trueGIC, the Singapore sovereign wealth fund, and Canada Pension Plan Investment Board announced Monday they had formed a joint venture partnership to acquire the D-Cube retail mall in Seoul from Daesung Industries for $263 million.