MAS names sustainability head; Malaysia’s EPF appoints COO and CFO; GIC PE head for SEA leaves; State Super hires new exec; Hesta appoints chief growth officer, chief Debby Blakey appointed to corporate governance board; ex-BlackRock exec joins IQ-EQ in Singapore; HSBC AM builds direct real estate team; ex-Vanguard head of distribution joins LGIM; Sanne names Singapore head; and more
Admission to participate in the ASX will enable CLSA to link Australia to its pan Asian electronic execution platform, giving greater Australian market access to its global client base of institutional investors.
CLSA already has electronic execution platforms in Asia providing execution and clearing services for all Asian listed markets with direct market connectivity to 15 exchanges and order routing for 22 cash exchanges in 17 countries and four Futures exchanges.
ôWe have had consistent demand from our clients to add Australia research and execution capability that is differentiated to the standard product already available,ö says CLSA chairman and chief executive officer Rob Morrison. ôThis new license will enable seamless trading for our clients through CLSAÆs electronic systems and products.ö
With admission to trade in Australian securities, CLSA plans to expand its equity research coverage over time to include Australian companies.
CLSA Asia-Pacific Markets provides investment banking, capital markets, equity broking and alternative investment services to global corporate and institutional clients. Founded in 1986 and is headquartered in Hong Kong, CLSA has more than 1,000 dedicated professionals located in 15 Asian cities, plus Dubai, London and New York. CLSAÆs major shareholder is France's Credit Agricole, which merged in 2003 with Credit Lyonnais.
Investors still favour private equity assets for their higher growth, better governance structures, and diversification potential.
The recent focus on greenwashing has put bond issues under greater scrutiny. However, some market participants believe this risks paralysis by analysis.
The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Investors are seeing the risks, but also the opportunities of the logistics sector. Warehousing their fears for the moment, they can see it's a good conduit to high-growth assets.