The Canadian pension fund plans to increase its allocation to the region from 10% to 15% over the coming four years, even as its total assets under management rise.
Of the 35 new partners in Asia appointed over the last 12 months, three are high profile lateral principals. They are David Deck in Tokyo, Michelle Gon in Shanghai and Andrew Beatty in Sydney.
In the Baker & McKenzie universe, the appointments are spread over various offices and practice areas.
In Hong Kong, four new partners have been named. Dorothea Koo in commercial / securities, Jacqueline Shek in tax Tracy Wut on China issues and Allen Shyu in U.S. securities have all been promoted to the partnership. While in Taipei, Owen Chio gets the nod in corporate/M&A/projects. Elsewhere in Greater China, Simone Yew will claim the ranks in the China practice in Beijing, as will Howard Wu in its Shanghai offices.
In Bangkok, Chinawat Assavapokee (tax) Chavaeewan Likhiwattanachai (banking & finance), David Washenfelder (corporate and M&A), Sayan Atthaworadej (dispute resolution), Theppachol Kosol (capital markets) and Viroj Piyawattanametha (banking & finance) have joined the partnership. Other Southeast offices will be bolstered by the promotions of Manh Hung Tran (intellectual property) in Hanoi, Munir Abdul Aziz (corporate/commercial) in Kuala Lumpur and Boo Bee Chun (corporate/commericial) in Singapore.
Baker & McKenzieÆs Australia practice has welcomed the most new partners over the past year with 10 lawyers, including Beatty, moving up. In Sydney, David Egan (corporate) Georgina Foster (dispute resolution), James Halliday (corporate), Adrian Lawrence (information technology & communication, Chris Oliver (employment), Robert Williams (hotels, resorts & tourism and Brendan Wykes (corporate) have move up. The promotions in the firmÆs Melbourne offices are Craig Andrade (corporate) and Lewis Apostolou (corporate).
Its in Japan operations, Akiko Hosokawa (banking & finance),Kazutaka Mizuochi (banking & finance), Norihiro Sekiguch (corporate), Tsutomu Hiraishi (banking & finance), Ryutora Oka (tax), Mitsuyoshi Saito (corporate) and David Vance (major projects) have also been named to the partnership.
They have teamed up with each other and with overseas investors to boost investment capacity in real estate and infrastructure investments in Europe and North America.
Asset owners across Asia Pacific weathered some difficult market conditions in 2020. While most emerged from the year successfully, some notable exceptions suffered asset drops.
Thanks to the current rise in yields, the key return driver of the bond market is set to change but its bull run will very likely continue.
Asian institutional investors were generally more optimistic about post-pandemic economic recovery but only 33% were confident about achieving their short-term objectives.