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.
Turnover in equity markets is subdued at the moment, but the new position reflects a long-term trend, according to Noreddine Sebti, Deutsche's Asia head of equities. "Creating a regional sales platform is in direct response to the growing number of clients who manage their equity derivatives positions on a regional basis, as opposed to a country-specific basis."
That trend will continue as Asia attracts a growing chunk of asset allocations and liquidity in the region's equity markets deepens. Indeed, the value of outstanding OTC equity derivatives contracts in Asia ex-Japan tripled during the three years covered by the last Bank for International Settlements derivatives survey, published in June 2007.
Davis will report to Denis MacCarthy, the head of Asia equity sales, and the bank's regional management.
There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
As Covid restrictions continue to put the bite on travel, Australia's superannuation funds are seeing mileage in spending big on communications and digital infrastructure.
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.