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
Srivastava has over seven years experience in the financial services sector and joins JM from Tata Asset Management where he was a debt dealer. He has an engineering degree followed by a masters in business administration
JM Financial Mutual Fund commenced operations in 1994 with a simultaneous launch of three funds - JM Liquid Fund (now JM Income Fund), JM Equity Fund and JM Balanced Fund. It is currently one of the top 10 mutual funds in the country, ranked by assets under management (AUM). JM Financial Asset Management is outside the purview of the joint venture JM Financial forged with Morgan Stanley in 1999.
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.
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.