Aviva Investors has recruited a product specialist to its Asia-Pacific real estate business to develop customised solutions for institutional clients.
Tinchuck Ng recently joined Aviva’s regional head office in Singapore as a “client portfolio manager”, confirmed Ian Halley, CEO of the manager’s Asia-Pacific real estate business, a role which would see her work with regional and global clients to adapt the manager’s products so they fit more closely with their aims.
Ng took the newly created position after leaving a real estate funds management role with BlackRock in Hong Kong.
Aviva Investors launched the regional real estate business in 2007 in an effort to satisfy European clients who sought exposure to core-plus property assets in Japan, Singapore and Australia. It has concentrated on managing direct and listed property in the region, but aims to raise money from Asian markets in the future, Halley said.
Its $120 million under management will soon more than double to almost $300 million when the assets from the Henderson International Property Fund, which it acquired in July, are integrated into the business. About 60 per cent of the Henderson assets are from Asian markets.