After two tenures, AsianInvestor's 2021 Standout CIO Jang Dong-hun looks back on the past six years at Korea's Poba with satisfaction.
Elisha Choi will head the office, which will operate under the name GFI Korea Money Brokerage. Choi was previously based in the broker's Singapore office, where she headed the Korean desk for two years. She reports to Jurgen Breuer, GFI's senior managing director for Asia.
"GFI is continually looking to apply its brokering and technology expertise to new opportunities in Asia and we have been focusing on Korea for some time," says Breuer, who adds that GFI is planning to add further products in Korea, such as credit derivatives and equity options.
To start, the office will comprise 18 broking, technology and support staff, and will be the broker's fourth office in Asia after Hong Kong, Singapore and Tokyo.
Brunei Investment Agency names head of real estate; Former Temasek CEO Ho Ching joins EQT Future's mission board; APG managing director for global real assets relocates to Hong Kong; Manulife Hong Kong appoints chief financial officer and chief product officer; Wayne Swan commences as Cbus chair; AXA IM appoints head of client group alts Asia; and more.
Census experts say China's population will start to decline at least five years earlier than expected - investors are being warned to keep a weather eye on inflation and structural shifts.
Family offices in Hong Kong want to do more impact investing, but the paucity of ESG talent and the lack of uniform reporting standards are real issues for them.
An impending series of interest rate increases and the deterioration in relations between Russia and the West over Ukraine have worried investors in recent weeks, hence the volatility in US equities in particular.