The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
Fung, 48, has been managing director of advisory sales for China at DBS for the last four years, having spent the previous six years at the Commonwealth Bank of Australia, where he was head of financial markets for Asia.
According to a spokesman for Hang Seng, Fung has been appointed to accelerate the bankÆs sales strategy. He will oversee the bankÆs investment and insurance businesses, and will be responsible for management, sales and market strategy, as well as the development of new products and services.
He will report to the bankÆs general manager of personal financial services and wealth management, William Leung.
Fung takes the position over from Cheung Ka Min, who is believed to be leaving the company next week, after more than 10 years, to take up a position with an unnamed property developer in Hong Kong.
Malaysia's Armed Forces Fund hires new CEO; Canada's Omers appoints Asia capital markets managing director; HSBC Asset Management creates alternatives unit, appoints CIO as its head; Bank of Singapore names global wealth head; Aware Super hires IFA head; Hong Kong names acting head for MPFA; Schroders adding to Asia ESG headcount; and more.
The French fund house becomes the world’s largest responsible asset manager to help asset owners implement sustainable investing, underlining its serious commitment to ESG.
The long-waited infrastructure Reits have finally arrived in China and, while experts see a slow start with hurdles ahead, they say it will later move to a 'big bang'.
AsianInvestor reveals the second half of the standout funds in our latest awards, including equity funds, the top Reit and the best smart beta vehicle.