Tokio Marine appoints new CEO for Asia region; Ben Rudd made CEO of Prudential Wealth Management; HKEX hires from Prudential; Samsung SRA appoints former KIC infra head as CEO; HSBC Asset Management appoints senior vice president; Morningstar names head of manager research for Europe and Asia; PGIM adds ESG lead for Europe and Asia; Apex Group adds Singapore managing director; and more.
For the investment management arm of State Street, Ho reports directly to Justin Pascoe, chief investment officer for SSgA in Asia ex-Japan. Upon moving to the firm in April, Ho joins a team with some 30 members located in offices such as Paris, London, Boston, Montreal, Sydney, Tokyo, and Hong Kong.
According to the firm, SSgAÆs active quantitative equity team develops investment models for clients using quantitative methods as opposed to the qualitative methods that rely on analysing fundamental numbers and company visits. This team also works closely with State StreetÆs advanced research centre, using its proprietary quantitative models to manage active risk-controlled strategies that cover single-country, regional and global assignments managed against a wide variety of client-specified benchmarks.
At UBS, Ho was the head of the Asian quantitative research team. Prior to this role, she was with Macquarie Funds Management where he helped to develop a Hong Kong enhanced equity process.
Weekly investor roundup: Cathay Financial expects rate hikes to boost returns; NPS' enlarged stewardship role faces pushback
Cathay Financial Holdings anticipates that interest rate increases will help boost profits in the coming year; Korea's National Pension Service meets protest from the business community after move to enlarge stewardship role; MAS bans crypto advertising to the general public; Japan's GPIF appoints managers for fund of funds mandate; GIC returns for Checkout.com's Series D funding; and more
Despite Evergrande's woes, Allianz is still bullish on Chinese property and infrastructure, although it has slowed down its investment process.
Case studies featuring global institutional investors’ best practices for setting climate action plans aim to encourage more to follow in their footsteps.
Signatories are advocating for a robust policy on plastic pollution amid concerns that states would support a less ambitious mandate.