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
Gore joins from Deutsche Bank, where he spent the previous three years as a hedge fund specialist. Before then he worked for five years at UBS in Australia as a sales trader and a research analyst.
He will sport the corporate title of director, and will be directing a team of five hedge fund specialists in Australia. Credit Suisse says that it will consider increasing the size of the team as business grows and as client demand rises. It has earmarked hedge fund needs for cash and derivatives products.
Also on the hedge fund theme, Credit Suisse adds that it wants to build the strength of its prime brokerage business in the antipodes.
Those who have worked in or visited CS Sydney will know that its best kept secret and a major staff incentiviser, is its æbeer fridgeÆ, which has kept employees smiling for well over a decade and is un-padlocked in the office after business hours every Friday evening.
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.
Financials and healthcare have been spotted as promising sectors, while several tech IPOs are on the way, including a $2.2 billion fintech firm and a GIC-backed e-commerce startup.
A strong recovery in the Asia Pacific private capital markets in 2021 sets up favourable hiring and compensation trends.
The $95 billion Korean savings will set up a separately managed account for real estate debt investment early next year in order to shorten decision-making and help it win deals in a crowded market.