ESG is no passing fad, as more investors are convinced that alpha can be found in ESG and regulators continue to introduce rules to lift ESG standards.
To Baker & McKenzieÆs Tokyo operations, Vance brings broad experience in infrastructure project development, finance and M&A. His legal career has also seen him working on restructurings in Asia for multinational developers and financial institutions.
He crosses over from the Singapore offices of Skadden Arps, where he was counsel in its energy project finance and development practice. While at Skadden Arps, Vance was part of a multi-office team that advised the Thai Oil Public Company on its $788 million IPO in October 2004. This piece of advisory also involved the debt restructuring that Thai Oil undertook before launching its IPO.
In its second annual sustainable investment report, the sovereign wealth fund says it invested $1.79bn in ESG bonds. Experts say asset owners next need to consolidate their standards.
Senior executives at the Taiwan financial group and Canadian pension fund believe that companies have to make an ESG transition, and may not have a choice in a few years.
Record low borrowing costs in Australia are feeding demand for the country's real estate, with domestic and global investors raising their allocations into the sector.
Experts have a diversified view on the appeal of private assets across the region, but one thing's for certain - inflows are rising, particularly into China and the US.