There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
ôSingapore is one of the Citigroup Private BankÆs most important markets. Our Singaporean clientele is among the most sophisticated anywhere in the world with a hands-on approach towards managing their assets,ö says Deepak Sharma, chief executive officer, Citigroup Global Wealth Management, Asia Pacific and Middle East. ôWe expect to be hiring more talents like Cheng Fong in line with the strong growth of our private banking business in Singapore and the Asia Pacific region.ö
Prior to taking on the role with Citigroup, Fong headed up the strategy/asset allocation/resource centre at DBS in Singapore. While at DBS, she was also responsible for overseeing its fixed income and global macroeconomic research units.
Before working at DBS, Fong was chief strategist, Asian debt capital markets for Nomura Singapore. Her resume also includes the roles of head of quantitative research for Asia at JPMorgan and as a computer systems analyst with the Malaysian's Prime Minister's office from 1985-1987.
Investors can still find spread premiums in niche private debt, with the asset class's prognosis looking strong, said a keynote speaker at AsianInvestor’s latest summit on Wednesday.
AsianInvestor details the second part of our marquee award winners for 2021, which includes the standout ESG adviser and also the asset manager of the year.
AsianInvestor reveals the first half of our marquee winners for this year's Asset Management awards, including best asset service provider and top alternative fund houses.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.