There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
In the newly created roles, both Scott and Chang will report locally to Anita Fund, head of global markets Asia-Pacific and to Gordon French, managing director, sales and regional treasury management Asia-Pacific. Both new hires will also report functionally to Simon Brookhouse, HSBCÆs London-based global head of equities.
For HSBC, Scott and Chang will manage all aspects of its equities franchise in the Asia-Pacific region, including cash equities, equity finance and equity derivatives.
ôDavid and JosephÆs arrival lays down a milestone in the development of the equities platform in Asia,ö says Fung. ôThey are going to work closely with their global equity colleagues in other regions to make sure we provide a seamless delivery to benefit all our customer groups.ö
Scott joins HSBC from Merrill Lynch in Hong Kong. For the US firm, he was responsible for client coverage, idea generation and servicing of hedge fund clients for institutional derivatives sales.
Prior to working at Merrill in 2000, Scott was at Jardine Fleming Securities in Hong Kong covering the over-the-counter and listed-equity derivatives.
Chang also joins HSBC from Merrill after a nine-year stretch with the bank. From its Hong Kong offices, he was most recently in charge of flow derivatives trading including index/single stock options, variance swaps, forwards and retail warrants for equity derivatives trading.
At Merrill, Chang also held the title of head of delta one trading. In this position he was responsibile for access products, stock borrowing and lending and equity finance. His resume also includes a stretch with Sanwa Financial Products in New York where he was part of the fixed-income derivatives risk control group.
To get the clarity they want to make informed portfolio decisions, asset owners and managers must now blend and adapt multiple sources of traditional and non-traditional data to create actionable insights, said speakers at a webinar hosted by AsianInvestor and IHS Markit.
The country's largest insurer Ping An set up a $62 billion green investment target by 2025. Several more players are also joining the hunt for sustainable assets.
The boss of Thailand’s second-largest pension fund hopes that proposed changes in the law will help her diversify more into overseas markets. She is particularly bullish on China.
Investors can still find spread premiums in niche private debt, with the asset class's prognosis looking strong, said a keynote speaker at AsianInvestor’s latest summit on Wednesday.