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
In his new role, Vora will be in charge of day-to-day operations and fund management of all HSBC's equity funds and its future launches in the country. Vora had the same role at ABN AMRO, which he joined in 2004 after a four-year stint at Prudential ICICI Asset Management.
Vora is a mechanical engineer from Maharaja Sayajirao University at Vadodara and has an MBA from the Indian Institute of Management at Lucknow. He began his career with SBI Mutual Fund and was there in various capacities until he moved to Prudential ICICI.
ABN AMRO said Prateek Agarwal will take over from Vora. Agarwal has over 12 years of experience in fund management and has been with ABN AMRO since 2004. He is an electronics engineer with an MBA from XavierÆs Institute of Management at Bhubaneshwar.
Agarwal began his career in investment banking at SBI Capital Markets where he was also involved in setting up the institutional broking business. He was previously the fund manager for the ABN AMRO Tax Advantage Plan (ELSS) and prior to that the head of equities research at the firm.
The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Investors are seeing the risks, but also the opportunities of the logistics sector. Warehousing their fears for the moment, they can see it's a good conduit to high-growth assets.
Insto roundup: GPIF staff say J-Reits more attractive than traditional assets; Hong Kong's strict Spac criteria
EISS Super hit by another scandal; China's CSRC launches consultation on disclosure requirements for new BSE securities; Hong Kong issues consultation paper on Spacs; New World Development partners with China Taiping to focus on Greater Bay Area projects; GPIF employees say Japanese Reits have grown more attractive; Taiwan's BLF invites bid for $1.7 billion mandate; and more
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.