Asia Pacific's family offices are a nimble bunch and never more so than when it comes to ESG where they're already proving to be ahead of the regulators.
Both Mark Talbot, CIO for Asia and Japanese fixed income, and Robert Haber, managing director and regional CEO, have been based in San Francisco. The firm decided that the growing business in the region required a CEO on the ground.
The peripatetic Haber has been able to manage BGIÆs regional business while spending a lot of time in the air. For family reasons, however, he wasnÆt prepared to move to Hong Kong. So Talbot is stepping up. But Haber will continue to have a senior role in BGIÆs Asia ex-Japan business in a new title, vice chairman, in which he can help Talbot with senior-level discussions with the regionÆs regulators and exchanges.
Talbot has served as fixed-income CIO for three years in San Francisco and has just relocated to Hong Kong. He says his next move is to draw a business plan and add people to the team. For now, however, he declines to explain what he has in mind.
Manulife appoints new COO; the head of investment stewardship at VFMC departs; June Wong joins Value Partners as president; State Street appoints head of Singapore and Southeast Asia, and head of Australia; BlackRock COO joins UBS AM as Australia and New Zealand country head; Pictet veteran named as Asia CIO; Nomura AM Malaysia head to step down; and more
Inflation or stagflation? Rising prices have sent worries across the market. Investors want to be fully geared with the right assets in the portfolio.
The Monetary Authority of Singapore’s recent move to tighten monetary policy will lower the impact of higher imported inflation and strengthen the local currency, experts said.
Leading LPs and GPs are collaborating to pool information in a bid to standardise ESG data reporting with the aim of bringing transparency to sustainable investing within the private equity industry.