Bloomberg Student housing in Europe and Australian infrastructure are luring global funds out of their comfort zone, as a South Korean manager of local government employee savings joins peers around the world getting creative overseas in search of better returns. Institutional investors from Seoul to New York are increasingly on the prowl for alternative assets, as low interest rates at …

Bloomberg A luxury home in Hong Kong set a price record for apartment sales in Asia, even as the government seeks to tame property prices in the world’s least affordable market. The penthouse duplex unit in Henderson Land Development Co.’s 39 Conduit Road project was sold for about $67 million, or HK$105,000 per square foot, the city’s Sing Tao Daily …

Bloomberg Australia is sending a naval vessel to help Vanuatu in its efforts to evacuate 11,000 residents from Ambae Island as a volcano there threatens to erupt. The HMAS Choules left Australia on Saturday morning and is expected to arrive in the middle of next week, the Australian government said . The Choules is carrying specialists, supplies and a landing …