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.
RBS has been rapidly building its derivatives and fixed-income manpower in Asia. In this newly created role he will handle rates sales for hedge funds and other institutional investors, focusing principally on Japanese yen and G8 interest rate products.
He will be reporting to Tom Picard, head of Asia-Pacific debt market sales, who joined RBS in 2004 following stints at Lehman Brothers in Singapore, Tokyo and New York. He and Spilman formerly worked together for several years at Lehman Brothers Tokyo in fixed-income sales.
"New York- and London-based hedge funds are rapidly expanding their footprint into Asian markets,ö says Spilman. ôThey are expressing their views on Japan's economic recovery and reflation through the fixed-income markets, primarily through yield-curve plays, volatility strategies and relative-value strategies involving swaps versus bonds and futures."
Concurrently in RBSÆ derivatives build-up, Garry Frenklah has also joined the firm in Hong Kong as head of Asia ex-Japan private-banking sales for equity derivatives and FX derivatives. Frenklah comes from Sumitomo Mitsui Banking Corporation, where he structured and marketed derivatives. In this new role he will report to Franklin Heng, head of equity-derivative sales. The pair previously worked together at the beginning of the decade at HSBC Securities in Hong Kong.
Sunsuper and QSuper appoints CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
Investors from China and the US are expected to continue buying assets in each other’s markets despite the blacklist of Chinese firms with military and surveillance ties.
Stronger government actions are needed to meet the Paris Agreement goal of limiting global temperature rise to 1.5 degrees, investors such as Hesta and CDPQ signed in a statement.
AsianInvestor explains why we chose the winners of the second half of our 2021 fund manager winners, by major local markets.