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.
Taylor and Noh both start work in July, reporting to Tim Throsby, CEO for Citadel Asia.
Taylor will serve as senior managing director and head of principal investments for Asia and Europe. He has been at Credit Suisse since 1999, with stints in London and Tokyo. He also served as managing director of prop trading in Europe at CSFB and served on the risk arbitrage desk in Europe for Goldman Sachs.
Earlier this month the firm announced it would hire David Noh from Merrill Lynch as head of Asian merchant banking. He had previously been MerrillÆs head of corporate principal investments for the Pacific Rim. Noh also co-founded MerrillÆs distressed debt group in Hong Kong, and has worked at Goldman Sachs in Hong Kong and Morgan Stanley in Korea. He started his career at Ernst & Young.
These moves coincide with two other hires in Europe: Patrick Edsparr has left JPMorgan Chase to serve as CEO for Citadel Europe and head of global fixed income, while Moore CapitalÆs Kaveh Alamouti left to serve as CitadelÆs head of global macro investments.
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.