The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
He will report locally to Nilesh Navlakha, DeutscheÆs Singapore head of regional equity sales, and regionally to Harvey Twomey, head of global prime finance sales and capital introduction for Asia-Pacific.
"Even though broad-based industry growth and activity is nowhere near the levels of 2006 or 2007, Singapore has certainly solidified itself as a major operating centre,ö says Twomey. ôFor hedge funds in Asia, Singapore is the destination chosen by many of the international groups establishing in the region, and the city has become the de facto centre for many India focused strategies.
Behind this sales initiative, Deutsche says that it is also seeing medium-term opportunity in strategies looking to run single-country funds focused on Vietnam, Thailand and other Southeast Asian markets, and believes that Singapore will prove to be the natural hub for this activity.
Sunsuper and QSuper appoints CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
Investors from China and the US are expected to continue buying assets in each other’s markets despite the blacklist of Chinese firms with military and surveillance ties.
Stronger government actions are needed to meet the Paris Agreement goal of limiting global temperature rise to 1.5 degrees, investors such as Hesta and CDPQ signed in a statement.
AsianInvestor explains why we chose the winners of the second half of our 2021 fund manager winners, by major local markets.