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
From the private bankÆs Hong Kong offices, HoÆs newly-created role will include responsibility for building its product platform in the region. This will include driving its portfolio management sales and advisory products and services, plus working on wealth engineering and trust and family services solutions.
At Credit Suisse, Ho was most recently head of products North Asia in Hong Kong. Aside from working at Credit Suisse, Ho has also worked in private banking for Salomon Smith Barney and Merrill Lynch.
He will report directly to Andrea Benenati, head of North Asia, who also joined from Credit Suisse in March 2006. HoÆs arrival is the latest move by Julius Baer to capitalise on the increasing need for private banking expertise in Asia.
In July, SwitzerlandÆs largest pure-play wealth manager, lured Daniel Chiam from OCBC in Singapore.
Prior to this announcement in July, Julius Baer had also been busy expanding its Asia reach. Aside from securing the services of Benenati from Credit Suisse, the firm also brought in Heinz Puth as head of marketing, Southeast Asia from Credit Suisse. Also joining from Credit Suisse were David Lim as head of Julius BaerÆs newly-formed investment finance unit and V Anantha Nageswaran as of head of research Asia and the Middle East.
The private bank also lured Wilfried Kofmehl from UBS to serve as its regional head of Southeast Asia and CEO for Singapore.
The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Investors are seeing the risks, but also the opportunities of the logistics sector. Warehousing their fears for the moment, they can see it's a good conduit to high-growth assets.
Insto roundup: GPIF staff say J-Reits more attractive than traditional assets; Hong Kong's strict Spac criteria
EISS Super hit by another scandal; China's CSRC launches consultation on disclosure requirements for new BSE securities; Hong Kong issues consultation paper on Spacs; New World Development partners with China Taiping to focus on Greater Bay Area projects; GPIF employees say Japanese Reits have grown more attractive; Taiwan's BLF invites bid for $1.7 billion mandate; and more
SGX’s new framework for Spacs will likely provide investors with a much-needed channel for direct deals, but the verdict is still out on whether it will bring liquidity to the bourse.