The daily liquidity of listed real estate, however, means it behaves more like equities if they only invest in the short term.
Representatives of BlackRock, the world’s largest asset management company, World Bank Treasury, Swedish pension fund AP2, Nordic bank SEB and Norwegian bank DNB would be among those on an advisory board
The ratings agency noted that the biggest digital disrupters to the asset management industry will be the rapid growth of "strategic beta," the rise of robo advisors and the increasing use of big data.
According to the latest research from Cerulli Associates, a global analytics firm, technological advances are pushing providers to keep up with investor expectations, and, ultimately, be the center of their clients' financial lives.
The Chief Minister explained: “If we are ever to defeat corruption, every nation needs to sign up. We need action, not fine words.”