The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
Effective 2 April, Burke will work with the existing sales coverage teams across the region and report directly to Justin Bull, Barclays CapitalÆs head of Asia-Pacific distribution.
His appointment comes after a busy period for the investment banking arm. Over the past 18 months, the firm has hired approximately 80 staff members for its Asia distribution team and opened branches in both Taiwan and Shanghai.
ôOver the past few years we've built one of the strongest distribution teams in Asia, and our client-focused strategy and single product delivery platform have allowed Barclays Capital to develop its franchise across the region,ö says Bull. ôHis in-depth knowledge of the client base in the region and extensive experience in building and managing distribution teams both here in Asia and Europe will be instrumental in continuing the dynamic growth of our business in non-Asia Japan.ö
Burke shifts to the new role internally from Barclays Capital in London, where he was managing director and head of European private banking coverage. In this position, he was a member of the bank's investor solutions team.
Prior to joining the Barclays Capital in 2004, Burke was managing director and head of sales for non-Asia Japan at Credit Suisse in Hong Kong. In total, Burke brings 15 years of Asian distribution to the experience to the new role.
According to Barclays Capital, more hires in the distribution team are to be expected, but the majority of the appointments have already been made.
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.
Malaysia's Armed Forces Fund hires new CEO; Canada's Omers appoints Asia capital markets managing director; HSBC Asset Management creates alternatives unit, appoints CIO as its head; Bank of Singapore names global wealth head; Aware Super hires IFA head; Hong Kong names acting head for MPFA; Schroders adding to Asia ESG headcount; and more.
Asian fixed income assets – including Hong Kong dollar (HKD) bonds – are luring growing numbers of global investors who are striving for reliable and consistent returns amid macro uncertainty compounded by rising inflation and rates, according to HSBC Asset Management.