Asia continues to lag other regions for integrating ESG principles with investing; better data and stronger regulatory requirements will help institutional investors, market observers say.
Gleeson replaces Ashley Dyer who departed the firm several months. He will report to Tomoyuki Teraguchi, NomuraÆs head of Asian equities, and his appointment comes as the firm is beefing up its equity derivatives, convertible bonds, and equity sales and trading teams regionally. Under his watch, Gleeson will look after equity sales trading in markets including Hong Kong, China, Singapore, Malaysia, Thailand, Korea and Australia.
Prior to joining Nomura, Gleeson spent 10 years at Credit Suisse. For the past four years, he was Asian sales trader director in Hong Kong. In this role, Gleeson had responsibility for managing the sales trading and execution team. Prior to this position, Gleeson was head of Australian sales trading and execution in London.
The appetite of institutional investors for green, social, and sustainable bonds that bring clear environmental and socio-economic benefits shows no sign of waning.
The German insurer has plans for the property sector in Australia and China too.
Global investors are advised to look selectively at Japanese equities as the country recovers from lockdown and continues to improve corporate governance.
Weekly investor roundup: Sun Life weighs second ESG fund in HK; Korea's NPS reduces domestic equity allocation
Sun Life considers launching second ESG fund in Hong Kong as it banks on the growing theme; NPS lowers exposure to large-cap and other domestic shares; Temasek's Vertex Technology Acquisition Corporation becomes first special purpose acquisition company on the Singapore Exchange; and more