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.
The appointment of a CIO is in line with the fund houseÆs efforts to strengthen its investment team, improve the performance of its portfolios, and prepare for the launch of more funds.
At present, the fund house manages around $1.5 billion in assets and has fund offerings across all asset classes including equities, fixed-income, multi-manager schemes, structured products and also offers discretionary portfolio management services to its clients.
Reddy brings with him more than 14 years of experience in equity markets, out of which more than 10 have been in managing investment funds. He previously worked in various fund houses such as Credit Agricole Asset Management (Hong Kong) and Thames River Capital (London) and most recently in Charlemagne Capital (London), where he managed a range of equity funds including those that invest in Asia, Greater China and India.
At ABN Amro Asset Management in India, Reddy will manage the ABN Amro Opportunities Fund and the ABN Amro Future Leaders Fund.
Launched in March 1995, the ABN Amro Opportunities Fund is an actively managed portfolio of equity and equity-related securities in India. It invests in companies across all ranges of market capitalisation and across all sizes in terms or turnover and balance sheet size.
The ABN Amro Future Leaders Fund invests primarily in companies with high growth opportunities in the mid- and small-cap segment that it considers as ôfuture leadersö or those that appear to offer opportunities for long-term growth and are driven by dynamic style of management and entrepreneurial flair.
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.