ESG is no passing fad, as more investors are convinced that alpha can be found in ESG and regulators continue to introduce rules to lift ESG standards.
Clifford Lam joins Credit Suisse as managing director and head of Hong Kong research. His new position includes responsibility for Credit SuisseÆs Hong Kong market strategy and the bankÆs Hong Kong property sector research. Lam will also coordinate its regional property research.
Lam reports directly to Ali Naqvi, Credit SuisseÆs head of equity research in non-Japan Asia and replaces Victor Kwok who retired from the firm over the summer.
Lam spent eight years at Merrill Lynch and was most recently managing director and head of Hong Kong research and property sector. Prior to working for Merrill Lynch, Lam was with CLSA as an analyst. He also brings experience from Ernst & Young as an auditor.
Reporting to Lam will be Louisa Fok, who joins Credit Suisse as a vice president in Hong Kong. She will assist Lam covering the China/Hong Kong property sector research.
At Merrill Lynch, Fok covered the China/Hong Kong property sector and worked for the firm for seven years.
In its second annual sustainable investment report, the sovereign wealth fund says it invested $1.79bn in ESG bonds. Experts say asset owners next need to consolidate their standards.
Senior executives at the Taiwan financial group and Canadian pension fund believe that companies have to make an ESG transition, and may not have a choice in a few years.
Record low borrowing costs in Australia are feeding demand for the country's real estate, with domestic and global investors raising their allocations into the sector.
Experts have a diversified view on the appeal of private assets across the region, but one thing's for certain - inflows are rising, particularly into China and the US.