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
Purushothaman will be head of economics and strategy for the group and will combine an understanding of economics, anthropology and scenario planning to look at the evolving consumer trends and preferences for the group as a whole and specifically for the investment vehicle, Future Capital Holdings.
Purushothaman joined Goldman, Sachs in 2000 with a bachelors degree from Yale and an MSc in development studies from the London School of Economics. During her tenure at Goldman, Purushothaman worked on some path-breaking research.
She co-authored a paper titled, ôDreaming with BRICs : The Path to 2050ö in which the firm forecast that by 2050 the BRICs (standing for Brazil, Russia, India and China) economies could be larger in US dollar terms than the G6 consisting of the US, Germany, Japan, the UK, France and Italy. This paper and itsÆ follow-up piece ôThe BRICs and Global Markets : Crude, Cars and Capitalö have become internationally renowned for their conclusions. Purushothaman and her colleagues used emerging market GDP growth, per capita income and currency movements to forecast a potential global economic realignment.
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.
The asset allocation matrix is becoming more complex as investors look for new sources of returns beyond traditional asset types. How can investors measure and maximise returns in compounded portfolios?
When it comes to family offices, the generations don't always see eye to eye. For the younger generation, ESG concerns and tech plays are beginning to predominate.
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.