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Ong joins Julius Baer in a newly created role and will report directly to Heinz Puth, the Swiss wealth management groupÆs Southeast Asia head of market. For Julius Baer, Ong is responsible for managing the bank's client relationships and, through her investment banking experience, broadening the range of products on offer.
Prior to joining Julius Baer, Ong was managing director of DBS's corporate and investment banking group. At DBS she has also held the position of head of consumer products and China desk. Ong was also DBSÆs chief representative for its Bangkok representative office.
In total, she brings over 17 years of experience to Julius Baer, which includes expertise in corporate and investment banking as well as institutional banking.
The announcement of her appointment follows an aggressive hiring strategy by Julius Baer in 2006 as it looks to build up its Asia franchise.
Investors still favour private equity assets for their higher growth, better governance structures, and diversification potential.
The recent focus on greenwashing has put bond issues under greater scrutiny. However, some market participants believe this risks paralysis by analysis.
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.