By Liam Egan
ING Investment Management (INGIM) has appointed a new head of its property and infrastructure teams, with Justin Blaess joining the fund manager last week.
Blaess will assume overall responsibility for the portfolio management of all INGIM listed property portfolios, which it says currently exceeds $2 billion.
He joins INGIM from Merrill Lynch, where he was vice-president of real estate investment banking, primarily responsible for the execution of major investment transactions.
He also notched up five years as head of property research at DeutscheBank, among a variety of roles in real estate related fields, including eight years working in the listed property market.
INGIM has also appointed a dedicated dealer for its listed property securities, Sanjay Kumar, who was previously with Deutsche AssetManagement for nine years as an equities dealer.
