Russell to invest more in Asian realty market
US-based Russell Investments plans to pump-in more funds in the Asian property markets and a large share of these will be targeted at India and China, a top official said
By ET Bureau |
NEW DELHI: US-based Russell Investments plans to pump-in more funds in the Asian property markets and a large share of these will be targeted at India and China, a top official said. Russell would significantly grow its investments in the Asia region.
���We do plan to increase both our level of investment in Asia, and the number of funds focused on the region," Russell investments head of property (Asia Pacific) Martin J Lamb said. "A portion of these investments will flow to Japan and other mature markets, but the majority will target emerging Asia, particularly China and India," Lamb added. Russell Invest-ments provides strategic advice, performance benchmarks and a range of in-stitutional-quality investment products.
It has more than $211 billion in assets under management as of June 30, and serves individual, institutional clients in over 40 countries.
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