In new statements on the extent of greenwashing in the fund management industry, Desiree Fixler highlights some uncomfortable truths about sustainable investing.
Chen shifts over to JPMorgan from Fox-Pitt, Kelton (FPK) where he worked since 2004. During his time at FPK, Chen was an Asian bank analyst covering China and Hong Kong, where he also worked with Garg, who crossed over to JPMorgan in early 2005. His experience also includes time at Goldman Sachs, where he was a financial analyst, Asia-Pacific banks and financials.
ChenÆs move to JPMorgan comes after the firm reassigned Joseph Zeng, who was previously covering the sector to its investment banking division. In his new role, Zeng will work in the financial institutions group (FIG) in investment banking and will report to Marc Jones, JPMorganÆs head of FIG for Asia Pacific.
The hiring of Chen comes as JPMorgan looks to expand its regional financials research coverage.
CDPQ's Ivanhoe Cambridge hires ex-GIC real estate expert; NZ Super adds board member; Future Fund appoints chief people officer; BlackRock real estate CIO joins Singapore's Capitaland; AMP Capital hires MD for energy; Northern Trust AM names new CIO; T Rowe Price hires AU and NZ institutional head; Nuveen hires Southeast Asia institutional head; Citi names sustainability head in Singapore; and more
Investors are increasingly turning to private companies and private debt in their hunt for ESG alpha, but the age-old problem of transparency and due diligence remains
Already on the rise pre-Covid, investments into data centre assets in Asia have accelerated in the past year, fuelled by interest from investors across the spectrum.
Actively managed funds were also not found to have better odds of higher returns than more passive funds.