MAS names sustainability head; Malaysia’s EPF appoints COO and CFO; GIC PE head for SEA leaves; State Super hires new exec; Hesta appoints chief growth officer, chief Debby Blakey appointed to corporate governance board; ex-BlackRock exec joins IQ-EQ in Singapore; HSBC AM builds direct real estate team; ex-Vanguard head of distribution joins LGIM; Sanne names Singapore head; and more
He will be based in Singapore, domicile of the Singapore investment vehicle Temasek, which chipped in approximately $2 billion in 2007 for a 2.1% stake in Barclays.
He will report to Barbara-Ann King, Barclays Wealth global head of alternative product development, and locally to Werner Schlossmacher, head of private bank coverage for Barclays Capital in Asia.
KuhnleÆs job will involve both strategy and product delivery across hedge funds, private equity and real estate.
He had previously spent 12 years working at Deutsche Bank in the UK, Germany and Singapore, most recently tackling alternative investment growth in both advisory sales and portfolio structuring.
Financials and healthcare have been spotted as promising sectors, while several tech IPOs are on the way, including a $2.2 billion fintech firm and a GIC-backed e-commerce startup.
A strong recovery in the Asia Pacific private capital markets in 2021 sets up favourable hiring and compensation trends.
The $95 billion Korean savings will set up a separately managed account for real estate debt investment early next year in order to shorten decision-making and help it win deals in a crowded market.
The fund's 29.6% returns marked its best ever and exceeded its reference portfolio, which has 80% allocated to equities, by 1.73%.