Asia continues to lag other regions for integrating ESG principles with investing; better data and stronger regulatory requirements will help institutional investors, market observers say.
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.
Omicron may have put the bite into the property sector, but commercial property in Asia Pacific is defying the odds in a challenging sector, says a CBRE report.
Korea Teachers' Credit Union appoints new CIO; AIA Singapore hired ESG head from UOB; Ping An confirms appointment of Benjamin Deng as CIO; Australian Unity hires first head of responsible investment; AMP has new head of portfolio management for multi-assets, Robeco hires Asia fixed income head; Haitong makes three new appointments for institutional clients business; and more.
After two tenures, AsianInvestor's 2021 Standout CIO Jang Dong-hun looks back on the past six years at Korea's Poba with satisfaction.
Risks including property downturn and ongoing pandemic make for difficult investment decisions.