The firm is adding a portfolio of pooled property investments, similar to real-estate investment trusts - these will be managed by LaSalle Investment Management, the investment arm of Jones Lang LaSalle, the property developer. LaSalle is primarily an institutional asset manager and this is its first platform to target Asian retail customers. This is also the first alternative investment that ipac has added to its mix of underlying fund managers.
ipac is a unit of Axa...
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