The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
Morgan's hire of Kai Yang may go some way to filling the gap left by Zhao. The 40-year old Beijing-and-Oxford educated Yang will report to CG Wu, Morgan Stanley's head of China investment banking and MD Yang - and leaves Citigroup after just seven months.
If anybody were counting one could say Morgan Stanley is slightly ahead, since this is its second hire at Citi's expense, following the high-profile departure of Wei Christianson in January - to head up Morgan Stanley's China business.
Meanwhile Mark Renton has taken over from Christianson as head of the Citigroup China investment banking team, while concurrently holding the position of head of Asia-Pacific investment banking.
Yang will be located in Beijing and work alongside Christianson, who will also be based in Beijing once she starts in May after her gardening leave.
YangÆs role will be broad. He will work primarily as a country coverage banker with some input on the execution side as well as liaising with regulators. He is also expected to have a say in strategy. He has substantial experience in financial and energy deals. Before joining Citigroup in 2005, Yang was with UBS, and its predecessor SBC Warburg, which he joined in 1994.
Sunsuper and QSuper appoints CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
Investors from China and the US are expected to continue buying assets in each other’s markets despite the blacklist of Chinese firms with military and surveillance ties.
Stronger government actions are needed to meet the Paris Agreement goal of limiting global temperature rise to 1.5 degrees, investors such as Hesta and CDPQ signed in a statement.
AsianInvestor explains why we chose the winners of the second half of our 2021 fund manager winners, by major local markets.