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HESTA, ISPT ink first direct healthcare property deal
HESTA and Industry Super Property Trust have invested $140 million to develop a medical office building in Melbourne, their first direct property acquisition in the healthcare and life sciences sector.
Wellington Management hires from GAM Investments
The US$1 trillion asset manager has recruited GAM Investments' senior manager of institutional business.
BlackRock launches Bitcoin trust
Following its recent partnership with Coinbase, BlackRock has doubled down on crypto with the launch of a new Bitcoin private trust for institutional investors.
China records historic trade surplus
China has posted a record high trade surplus after another month of strong exports; however, headline inflation continued its upward trend.