Real Assets

Intensive farming and over-use of inputs has polluted much of China's agricultural land, which has depressed yields and farmer income.

The Global Environment Fund is also raising a African Sustainable Forestry Fund II, which could hold a first close later this year.

The New Mexico State Investment Committee has increased its timber exposure to $375 million, and is banking on a resurgent US housing market to boost forestry returns.

The investment, made in exchange for equity in Obtala's Mozambique forestry operation and off-take agreements, included a commitment for over $1 million by a US private investor named as George Miller.

All 43 purchased land parcels are thought to be buy-and-lease farmland assets.

Ecosystem Investment Partners will continue its strategy of generating revenue through the restoration and preservation of wetlands.

Fund manager Anholt bought 2,700 hectares of farmland on behalf of the family office-based philanthropic foundation, a significant portion of which is organically farmed.

Treasurer Scott Morrison blocked the sale of S Kidman's cattle properties to Chinese investors last November, citing national security concerns.

Timber funds priced at 85% of NAV, down slightly from 2014, according to the Setter Capital report's author.

Major agribusinesses like ADM, Bunge and Cargill are members of the group pushing for an end to the US trade embargo.