Responsible investing includes allocating to poor-ESG performing EM countries and helping them shift to greener solutions, instead of divesting completely, experts said.
He will be based in Hong Kong and report to Rowena Chu, DeutscheÆs Asian head of ECM. His chief responsibility will be to manage and smoothe out the entire ECM process, liaising with both originators and syndicate bankers.
The appointment is timely for Deutsche Bank, given its increasing suite of business in the region including the $10 billion IPO for Industrial and Commercial Bank of China (ICBC), which may come later this year.
Other recent jumbo offerings from the bank include a $3.3 billion Hong Kong IPO of China Shenhua and a $2.7 billion placement in PetroChina. At the time of writing, Deutsche is sitting in ninth position on Dealogic ECM league tables.
In London he was a director in the ECM division and covered transactions throughout Europe and the emerging markets in Eastern Europe and Russia. He first joined the firm in 1994, fresh out of university.
Inflation, fluctuating interest rates, Covid-19 shutdowns, and sporadic reopenings have led to bouts of volatility in the market, with tech stocks bearing the brunt of the selling over the last month.
Amid today’s macro landscape and the need to rethink portfolio planning, asset owners in Asia Pacific are more eagerly embracing responsible investing, says Nuveen’s Simon England-Brammer.
Aware Super appoints deputy CIO and head of governance; AustralianSuper promotes chief risk officer to replace Paul Schroder; Raffles Family Office adds two new roles to independent advisory board; Amundi appoints South Asia CEO; Barclays names China chief executive; Zico hires head of advisory in Singapore; Capital Group names head of HK client group; and more
Nearly 50% of institutional investors and family offices in Asia Pacific intend to increase the number of external managers for their thematic investments in equities over the next 12 months.