Maple-Brown Abbott looks to expand its Asian business

Maple-Brown Abbott, the closely held fund manager, wants to boost the amount of its Asian funds under management from the current $1 billion.

“We could be a fair bit larger,” says Garth Rossler, Maple-Brown’s managing director. “We see growth there.”

The firm had $11.5 billion in funds under management as of June. Existing investors in Maple-Brown’s Asian funds from Europe and the Middle East may be complemented by new money from Australian and Asian investors, says Rossler.

“Australian superannuation funds are beginning to become a bit more regional,” he says.

Maple-Brown employs about 40 people, including 16 analysts and seven portfolio managers.

Rossler is also the firm’s chief investment officer.

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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