Asia continues to lag other regions for integrating ESG principles with investing; better data and stronger regulatory requirements will help institutional investors, market observers say.
This is a new dedicated role set up by the company which sees Asia as an increasingly important region for the marketing of its quant capability to institutional investors.
The bulk of GSAMÆs quant strategy team is based in London and provides underlying investment models for products sold on by institutional clients including absolute return, hedge fund, fixed income, equities and commodities funds and structures.
The team is led by director of quantitative resources Robert Litterman, based in New York, who co-authored the Black-Litterman Global Asset Allocation Model with Nobel prize-winning economist the late Fischer Black. Litterman is responsible for quantitative and global investment strategies.
State Street has yet to announce a replacement for Pascoe. He joined the firm in 1999 and served both in Hong Kong and Australia. He was named Asia CIO in 2005 when he transfered to Hong Kong for his second stint in the territory.
Omicron may have put the bite into the property sector, but commercial property in Asia Pacific is defying the odds in a challenging sector, says a CBRE report.
Korea Teachers' Credit Union appoints new CIO; AIA Singapore hired ESG head from UOB; Ping An confirms appointment of Benjamin Deng as CIO; Australian Unity hires first head of responsible investment; AMP has new head of portfolio management for multi-assets, Robeco hires Asia fixed income head; Haitong makes three new appointments for institutional clients business; and more.
After two tenures, AsianInvestor's 2021 Standout CIO Jang Dong-hun looks back on the past six years at Korea's Poba with satisfaction.
Risks including property downturn and ongoing pandemic make for difficult investment decisions.