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Friday Asia Digest – Pension & Retirement Funds Venture Overseas
Friday Asia Digest – Pension & Retirement Funds Venture Overseas Global cross-border investment trends intensified this week, as pension and retirement funds join the international property investing party. CalPERS, (California Public Employees’ Retirement System), the USA’s largest public pension fund, with assets of 237 billion USD, is committing $530 million to invest in ARA, a new Chinese real estate funds which, in turn, invests in high-quality downtown office buildings … [Read more...]