MAS names sustainability head; Malaysia’s EPF appoints COO and CFO; GIC PE head for SEA leaves; State Super hires new exec; Hesta appoints chief growth officer, chief Debby Blakey appointed to corporate governance board; ex-BlackRock exec joins IQ-EQ in Singapore; HSBC AM builds direct real estate team; ex-Vanguard head of distribution joins LGIM; Sanne names Singapore head; and more
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.
SGX’s new framework for Spacs will likely provide investors with a much-needed channel for direct deals, but the verdict is still out on whether it will bring liquidity to the bourse.
The asset allocation matrix is becoming more complex as investors look for new sources of returns beyond traditional asset types. How can investors measure and maximise returns in compounded portfolios?
When it comes to family offices, the generations don't always see eye to eye. For the younger generation, ESG concerns and tech plays are beginning to predominate.
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.