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
Zhu arrives at the investment bankÆs Hong Kong offices as regional head of telecommunications research. She will take on the role from Jason Billings, who although still with Goldman, is planning to retire in the near term.
Zhu shifts to the Goldman position from ABN AMRO in Hong Kong, where she held a similar position. For her new employers, Zhu will report to Paul Bernard, GoldmanÆs co-director of pan-Asian research.
In GoldmanÆs Taipei offices, Hung will become head of Taiwan non-tech research. He will focus his attention on large and small cap industrial and consumer stocks and comes as the firm says it is looking to broaden its coverage in this market. He reports to Henry King, the investment bankÆs head of Taiwan research and comes on board after the departure of Shumin Huang, who covered the energy sector from Hong Kong.
Hung jumps ship from Credit Suisse in Taipei, where he covered petrochemicals stocks and other non-tech companies.
The third appointment - Whee will be based in Seoul as regional head of chemicals research. In this new role, he will work closely with Hung and also Kelvin Koh, an energy analyst at GoldmanÆs Hong Kong offices.
Whee will report to Terence Lim, GoldmanÆs head of Korean research. He comes from Morgan Stanley in Seoul and brings over 10 years of equity research experience to Goldman. Most recently, he held the title of Korean energy and chemicals analyst.
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.