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
IliyaÆs role will include developing both traditional and alternative products in the Asia-Pacific region. A Credit Suisse source says the company sees alternative products, in particular, as a major area of growth.
She says that increasing the global reach of the business is a key goal, and adds: ôHistorically we have had our main business in Australia and Japan. But we see growing opportunities in the rest of Asia covering both retail and institutional mandates.
ôAlthough our joint ventures, ICBC Credit Suisse Asset Management in China and Woori Credit Suisse Asset Management in Korea, are mainly retail, we see institutional business opportunities and, since last year, have also increased our presence in Singapore.ö
IliyaÆs appointment comes three months after the high-profile departure of Clayton Copleston, director and head of business development Asia ex-Japan for Credit SuisseÆs asset management division.
Iliya's role as head of fixed income has been filled by the in-house appointments of Anton Douglas and Lars Sorensen. Douglas has been made responsible for fixed-income sales, trading and debt capital markets syndication across Asia ex-Japan while Sorensen will take on fixed-income structuring and corporate coverage across the same geography.
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.
Financials and healthcare have been spotted as promising sectors, while several tech IPOs are on the way, including a $2.2 billion fintech firm and a GIC-backed e-commerce startup.
A strong recovery in the Asia Pacific private capital markets in 2021 sets up favourable hiring and compensation trends.
The $95 billion Korean savings will set up a separately managed account for real estate debt investment early next year in order to shorten decision-making and help it win deals in a crowded market.