In new statements on the extent of greenwashing in the fund management industry, Desiree Fixler highlights some uncomfortable truths about sustainable investing.
He joins from Forsyth Partners, whose investors have migrated to Crosby Capital, after Forsyth got bogged down over internal liquidity remittances between London and Dubai, which led to the company stopping in its tracks.
Medcraft takes the position of head of business development and marketing in Asia within the Comas unit. He will build his own team and will report to Dr Mehraj Mattoo who heads the Comas hedge fund business from London.
In his Singapore-based role, Medcraft will develop relationships with private banks, independent financial advisers, and institutions in order to secure distribution agreements for Commerzbank funds throughout Asia including Japan.
He will also look at customising and white labelling fund of hedge fund products for large distributors, but the firm is not involved with direct retail sales.
So why is Commerzbank now bringing its alternative business to Asia?
With assets under management reaching over $1.2 billion, the business can now pass the due diligence requirements of large institutional investors, says Medcraft. ôIt is very hard for a new hedge fund of funds business with no assets or track record to enter this competitive market,ö he says.
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Investors are increasingly turning to private companies and private debt in their hunt for ESG alpha, but the age-old problem of transparency and due diligence remains
Already on the rise pre-Covid, investments into data centre assets in Asia have accelerated in the past year, fuelled by interest from investors across the spectrum.
Actively managed funds were also not found to have better odds of higher returns than more passive funds.