Russell Investment Group, which advises clients on $2.3 trillion of assets, has appointed Sally Haskins to a newly created role in Sydney to oversee its property capabilities in the Asia-Pacific region, and to consider developing unlisted real-estate products in 2006.
The property sector has globalized over the past two-to-three years and investors now have access to an increasingly broad range of global property investment opportunities, says Bruce Pflaum, managing director for Asia in Singapore. More of Asia and Japan's big institutional investors are following their pension counterparts in the West in seeking new property opportunities, including alternative strategies such as global real-estate private-equity funds.
Some of the...
