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
He had been working at Merrill Lynch in Hong Kong where he held the position of director, and head of prime brokerage sales for the Pacific Rim. He joined Merrill Lynch in May 2004 and prior to that was regional director and head of sales EMEA for HSBC Alternative Fund Services based in London.
In his new Deutsche role he carries a managing director title and will continue in a sales remit, but his new job will encompass a wider set of responsibilities including capital introductions. He will be reporting to Denis MacCarthy, co-head of equity sales Asia, who is also based in Hong Kong.
Merrill Lynch plans to announce the name of his successor in the next couple of weeks, and is awaiting acceptance from an external offeree.
Before he starts work with the German firm in April, he will take a short adjournment yachting in the Whitsunday Islands.
Investors still favour private equity assets for their higher growth, better governance structures, and diversification potential.
The recent focus on greenwashing has put bond issues under greater scrutiny. However, some market participants believe this risks paralysis by analysis.
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.