Asia continues to lag other regions for integrating ESG principles with investing; better data and stronger regulatory requirements will help institutional investors, market observers say.
Nick Good will fill that role, although the firm says it is giving him an expanded title as head of iShares Asia Pacific (incorporating Japan and Australia, which had previously been run autonomously). Good is transferring from the firmÆs San Francisco office, and reports to Lee Kranefuss, iSharesÆ CEO, who remains in San Fran.
Good recently served as head of strategy and planning for both iShares and BGIÆs institutional index business globally. He joined BGI in early 2006 from the Boston Consulting Group.
The Hong Kong team has made two more hires. Fred Horsey joins as COO for BGI Asia ex-Japan and reports to Mark Talbot, regional CEO. Prior to HorseyÆs recruitment, BGI ran its Asian operations from its London office. His hiring marks the first time BGI will have any on-the-ground operations head in the region and comes as the firm is relocating more functions from the United States and Europe to Asia.
Horsey comes from a 10-year career at JPMorgan Chase, most recently as its head of Asia product development; he also served as regional head of legal for JPMorgan Asset Management.
Veronica Lam is joining BGIÆs business development and client service team with a focus on North Asia. She was previous senior manager of Hong Kong institutional business at Fidelity Investments in Hong Kong. She now reports to Singapore-based Catherine Barker, who runs client service and marketing for Asia ex-Japan.
Korea Teachers' Credit Union appoints new CIO; AIA Singapore hired ESG head from UOB; Ping An confirms appointment of Benjamin Deng as CIO; Australian Unity hires first head of responsible investment; AMP has new head of portfolio management for multi-assets, Robeco hires Asia fixed income head; Haitong makes three new appointments for institutional clients business; and more.
After two tenures, AsianInvestor's 2021 Standout CIO Jang Dong-hun looks back on the past six years at Korea's Poba with satisfaction.
Risks including property downturn and ongoing pandemic make for difficult investment decisions.
As a pioneer in the Australian super space, CSC continues to focus on core objectives while taking calculated risks in an uncertain macro-economic environment.