In new statements on the extent of greenwashing in the fund management industry, Desiree Fixler highlights some uncomfortable truths about sustainable investing.
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.
CDPQ's Ivanhoe Cambridge hires ex-GIC real estate expert; NZ Super adds board member; Future Fund appoints chief people officer; BlackRock real estate CIO joins Singapore's Capitaland; AMP Capital hires MD for energy; Northern Trust AM names new CIO; T Rowe Price hires AU and NZ institutional head; Nuveen hires Southeast Asia institutional head; Citi names sustainability head in Singapore; and more
Investors are increasingly turning to private companies and private debt in their hunt for ESG alpha, but the age-old problem of transparency and due diligence remains
Already on the rise pre-Covid, investments into data centre assets in Asia have accelerated in the past year, fuelled by interest from investors across the spectrum.
Actively managed funds were also not found to have better odds of higher returns than more passive funds.