There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
Orangefield Trust is an incarnation of ING Trust, a global trust company based in Amsterdam that underwent restructuring last year. In July 2007 it was sold to a capital investment group, Foreman Capital, and to management, and renamed. It has offices in Aruba, Curacao, Luxembourg and Mauritius as well as Hong Kong and Amsterdam. It provides services to corporations and private individuals such as fiduciary and trustee work, structured finance and corporate legal services, and corporate management services.
KwunÆs role is regional, with a mandate to build business in Greater China. The firm is also looking to open an office in Singapore.
He says he joined because as a newly organised business, it offers more opportunity than BEAÆs MPF, which operates in a mature, saturated market. Orangefield will not be looking to get into the MPF market, and will instead focus on fresher opportunities, Kwun says.
Kwun led the establishment of BEAÆs MPF business from the very start of the regime in late 2000. Patrick Li, BEAÆs senior marketing manager for MPF, will now run the business for Bank of East Asia.
Investors can still find spread premiums in niche private debt, with the asset class's prognosis looking strong, said a keynote speaker at AsianInvestor’s latest summit on Wednesday.
AsianInvestor details the second part of our marquee award winners for 2021, which includes the standout ESG adviser and also the asset manager of the year.
AsianInvestor reveals the first half of our marquee winners for this year's Asset Management awards, including best asset service provider and top alternative fund houses.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.