Developed Markets Opportunities
Continue to favor EAFE over EM. As long as the U.S. dollar remains elevated, we believe developed international (EAFE) will remain in a leadership...
734 Views
Smartkarma’s Week That Was in JP/​KR: Japan Passive & Koreans' Rush to Buy Overseas Stocks
The Japanese stock market continues to outperform the Korean stock market in July. TOPIX is up 2% while KOSPI is down 1.6% this month (as of July...
697 Views
Land Market – Bid to Win, or Bid to Try Your Luck?
Bid to win, or bid to try your luck...Developers often enter into land bids with different strategies. They may aggressively “bid to win”,...
2.6k Views
Kasumigaseki Hotel REIT IPO: Lags in Size but Priced at a Discount
Kasumigaseki Hotel REIT is looking to raise up to US$192m in its upcoming Japan IPO. In this note, we examine the IPO dynamics, and look at the...
596 Views
Fraser Hospitality Trust (FHT SP): Scheme Vote on 15 August
While the current offer is arguably light compared to the failed 2022 offer, the lack of vocal opposition and limited retail displeasure reduces...
753 Views