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
He joins from Watson Wyatt, where he had served as senior consultant for the past year and a half. This marks a return to the funds management industry, as he had worked for eight years at Invesco in London, ultimately as CIO of global fixed income, before moving to Hong Kong to join Watson Wyatt. The consultancy is looking to hire more hands to replace Ryan-Kane and continue growing its business in Asia.
ôI enjoyed my work in consulting and would consider going back,ö Ryan-Kane says. ôI wouldnÆt have left it for any run-of-the-mill asset manager.ö What appealed in CSAM was a strong reputation and franchise that was only beginning to expand in Asia.
In particular, he wants to take advantage of Groupe Credit SuisseÆs decision to leverage its expertise in investment banking and private banking to provide structured products and other investment solutions to CSAM clients. He will be packaging alternative investments, traditional discretionary account products and funds from CSAMÆs range of Luxembourg-domiciled products for Asian prospects.
Ryan-KaneÆs role will be to bring Credit SuisseÆs expertise, honed in Europe, to Asian institutions and other clients, as well as to work on investment capabilities with CSAMÆs new joint-venture partners in the region, which include Industrial & Commercial Bank of China and Woori Bank.
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.
Investors still favour private equity assets for their higher growth, better governance structures, and diversification potential.