Janus International, a unit of Denver-based Janus Capital Group, is promoting a real estate investment trust focused on the US market to Asian investors, hoping its hot product will compensate for a public relations disaster in the United States.
William Schaff, a portfolio manager based in Oakland, California, has completed a Hong Kong visit en route to Tokyo, the main focus of his Asian tour to promote the Dublin-listed US Reit Fund.
We're marketing this in Asia because of the product demand, especially in Japan, where investors need US equity product with a high income, Schaff says.
The visit coincides with a decision by funds rating agency Morningstar to...