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Kwong will be responsible for driving the bank's derivatives franchise and its growth agenda and will focus on the delivery of derivatives solutions to the Asian client base. She will report jointly to Amilcare Police, global head of DSG, and to Dirk Jan van der Hoeden, head of financial markets distribution, Asia.
Kwong joins ABN AMRO from UBS, after previously holding a variety of derivatives-related positions in Asia with Lehman Brothers and Merrill Lynch across all asset classes including; equities, foreign exchange, rates, commodities and funds.
"We are delighted that Muse is bringing her considerable knowledge and experience in derivative solutions to ABN AMRO," says van der Hoeden. "Her broad range of product knowledge and client relationships in Asia will complement our strategy of delivering global product capabilities to clients in the region in order to build a successful business in this important market."
"I am excited to be joining ABN AMRO at this important time of growth momentum for the bank in Asia," says Kwong. "I believe the existing platform and people at ABN AMRO are first rate - however, I see significant untapped opportunities for the DSG Group to make an even greater contribution to the bankÆs growth in the region."
ABN AMRO has derivatives capability across local markets in Asia. The bank is focused on packaging its cutting edge product development for its clients in the region.
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.
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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.