Private credit might be less attractive than it was last year as investors rush into the market, but there are sweet spots to be found.
He will continue to be based in Hong Kong and maintains his reporting line to Adrian Faure, director of Asia-Pacific research.
Brueschke rises to the newly created role from his former title as head of China internet research, and comes as Citigroup consolidates internet and media into one team.
Upon taking the new role, Brueschke will be responsible for coordinating the media and internet product across the region with Rohit Sobti in Hong Kong, Princy Singh in India, Charles Uhm in Korea, Lim Jit Soon in Singapore, Terry Meensok in Thailand and Teh Chi-chang in Malaysia.
He will also take the lead in creating a series of flagship platform products for Citigroup, the first of which was the recently published "The Rogues Gallery" by Uhm, who initiated coverage of the Korean online gaming sector.
Insto roundup: FWD files for ADR listing in New York; Nippon Wealth Life fully acquired by parent firm
Intrust Super chief executive to step down after merger; Aware acquires site for essential worker affordable housing; China bans cryptocurrency-related business activities; Hong Kong insure FWD filed for US listing of ADRs; Nippon Life acquires wealth life insurance from MassMutual; NPS to hire five investment managers to diversify portfolio; Malaysia to review Spacs framework; EPF reports $8 billion investment income; and more
Hesitancy aside, institutional investors eye Australia and Japan as promising geographies for private debt investments within Asia Pacific, with Greater China and Korea on the periphery.
While Asia still lags the global average, interest in sustainable projects is growing fast; the only thing needed now is the expertise to drive growth
Regulators keep their eyes open on tightening insurance industry by introducing more detailed risk management requirements, which could bring pressure on smaller players.