The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
Measday becomes executive director and head of ABS for Australia several years after the firm exited the asset-backed arena.
He will be charged with building a client base and finding opportunities to securitise mortgages but also other assets. The move is in line with the bankÆs global fixed income expansion strategy following the integration of the Paine Webber business in the US.
Measday has come from JPMorgan where he was head of structured finance. He has 15 years experience with asset-backed securities. Measday will report to Simon Maidment, head of fixed income for Asia Pacific, and functionally to Matthew Froggatt, executive director of the bankÆs European mortgage and consumer finance business in London.
The last person to work in the ABS role at UBS was Marcus Elsum who became the chief operating officer of Ashe Morgan Winthrop û a commercial mortgage originator û in 2002.
While UBS has been absent from the game, Australia has become the third largest residential mortgage backed securities market in the world.
Sunsuper and QSuper appoints CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
Investors from China and the US are expected to continue buying assets in each other’s markets despite the blacklist of Chinese firms with military and surveillance ties.
Stronger government actions are needed to meet the Paris Agreement goal of limiting global temperature rise to 1.5 degrees, investors such as Hesta and CDPQ signed in a statement.
AsianInvestor explains why we chose the winners of the second half of our 2021 fund manager winners, by major local markets.