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
The new office opens up initially with a target of servicing Asia-based investors, which currently contributes an aggregate one third of RoggeÆs total assets under management. At a later stage, Rogge says that it will develop a research arm in Singapore, and build personnel to support research into Asian bond issuers. Rogge perceives Asian issuers as currently offering some of the best potential opportunities in global fixed income.
Jonathan Dow, a partner in Rogge and its marketing director, has relocated from New York to set up the new Asian office. Before joining Rogge Global Partners, Bruce Willis-lookalike Dow had worked in London and Manchester, for Rothschild Asset Management and NM Rothschild & Sons, in which capacity he worked in both the dealing room and the treasury products department, in tandem with credit strategists Ray Regan and Peter Fitzpatrick.
Rogge Global Partners was founded in 1984 by Olaf Rogge. In addition to the Singapore office, Rogge is also present in UK, the United States and Germany. Its London office is housed in a converted medieval theological college, giving it one of the most unique and intimate trading floors in the City; amiable though Singapore may be, the firmÆs Lion City digs are likely to be comparatively mundane.
The firm has experienced considerable growth. At the time it won AsianInvestorÆs award for best hedged one-year performance in 2005, it had assets of just $10 billion, and was already starting to detect increasing momentum in investments from Asia, and that trend has persisted.
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.