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
Both new appointees have already reported for duty in the fund managerÆs Hong Kong offices and will report to Howard Wang, who heads up JFAMÆs Greater China team.
"Their appointment completes the reinvigoration of the Greater China team in Hong Kong, and will enable us to capitalise more efficiently on our strong resources in Taipei and Shanghai," says Wang.
Huang will be directing her energies as a fund manager on the JFAM China fund and will leverage her knowledge of energy and other commodities.
Huang joins JFAM from Goldman Sachs where she has spent the last eight years. For Goldman, Huang held the title of managing director in global investment research and head of the Asia-Pacific energy and chemicals team. In total, she brings 14 years of research experience in Greater China to her new employer.
Yip will direct his attention to one of JFAMÆs Greater China funds ands it suite of Hong Kong funds. His appointment became effective last week.
He shifts over from Newbridge Capital where he was most recently a director responsible for managing funds dedicated to private equity investment opportunities. In total, he brings over 10 years of experience in private equity investing, with the majority of his background coming through the Asian markets. Yip began his career with Morgan Stanley in 1994.
The new appointees will replace Ernest Liu and Steve Luk. Liu left JFAM to take a position with Boyer Allen, while Luk departed for HDH Advisors, where he is specialising in the management of China funds.
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Financials and healthcare have been spotted as promising sectors, while several tech IPOs are on the way, including a $2.2 billion fintech firm and a GIC-backed e-commerce startup.
A strong recovery in the Asia Pacific private capital markets in 2021 sets up favourable hiring and compensation trends.
The $95 billion Korean savings will set up a separately managed account for real estate debt investment early next year in order to shorten decision-making and help it win deals in a crowded market.