Manama / WAM Investcorp, a Bahrain-based asset manager which counts Mubadala Investment Company as its biggest shareholder, on Monday announced that it has acquired 32 industrial properties totaling approximately 3.5 million square feet across four major US markets for a total capitalisation of over $280 million. According to the company’s press release, the properties grow Investcorp’s wider US industrial real …

Bloomberg The Reserve Bank of India (RBI) is making longer-tenor sovereign bonds attractive again. Quantum Mutual Fund has moved to the 10-14 year segment after staying in duration of up to three years in August in its 691 million rupees ($9.4 million) Dynamic Bond Fund. UTI Asset Management Co has turned overweight on bonds maturing in up to 15 years, …

Bloomberg The coronavirus pandemic has led to a slowdown in developing physical infrastructure as countries’ economic health deteriorates, posing a challenge for the Asian Infrastructure Investment Bank (AIIB), its president said. “What worries me, what worries the bank is the deterioration of the economic situation of some of our members,” Jin Liqun said in an interview with Bloomberg Television on …