Aston Tan

The alternative asset manager is the latest to open an office in Sydney, having initially planned to do so last year.

The Japanese firm has sold shares worth ¥10 billion in ailing Daiei to Deutsche Securities, the investment arm of Deutsche Bank.

The Chinese firm, together with Temasek and the sovereign wealth fund's newly-formed investment arm Seatown Holdings, has reportedly bought a 4.3% stake in the Chinese meatpacker.