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
Koga spent eight years at Morgan Stanley prime broking in Tokyo, marketing its services in Japan. Before then he worked at Yamaichi Securities in Tokyo, London and Hong Kong.
He will report to Kevin Meehan in Hong Kong, who heads prime services coverage in Asia. The latter currently holds the rank of director. If it does not compute that a managing director might report to a director via such an inverted reporting line, take consolation that such phenomena are not untypical of mitteleuropa matrix-management.
ôKoga-san will play a key role in prime services in Japan,ö says Meehan. ôWe see significant growth potential in both the domestic institutional market and international hedge funds trading Japan and will continue to grow our team. We are well positioned to capture growth across equities, derivatives and fixed income alongside initiatives such as Balanced Alpha [a 130/30 offering] where we are seeing institutional interest.ö
A spokesman for Morgan Stanley told AsianInvestor that Roger Dunphy is now running its Japan prime broking business.
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.
Insto roundup: GPIF staff say J-Reits more attractive than traditional assets; Hong Kong's strict Spac criteria
EISS Super hit by another scandal; China's CSRC launches consultation on disclosure requirements for new BSE securities; Hong Kong issues consultation paper on Spacs; New World Development partners with China Taiping to focus on Greater Bay Area projects; GPIF employees say Japanese Reits have grown more attractive; Taiwan's BLF invites bid for $1.7 billion mandate; and more
SGX’s new framework for Spacs will likely provide investors with a much-needed channel for direct deals, but the verdict is still out on whether it will bring liquidity to the bourse.