In this month’s newsletter, we take a look at how capital markets across APAC are becoming more concentrated, both in who is deploying capital and where it is going. A small group of large investors now accounts for almost half of transaction volumes, cross-border capital is taking a much bigger role in Japan, and the corporate capex cycle is increasingly concentrated in technology and resources.

From Store Count to Store Quality: Chinese Brands’ Evolving Retail Strategy for Asia

Bond market moves, especially at the long end of the curve, have been grabbing headlines over the past few weeks. Nominal yields in some markets have climbed to levels not seen in a generation.