The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
From its Singapore offices, Kaul will report directly to Ashok Vaswani, CitiÆs chief executive officer of global consumer banking, Asia-Pacific. Kaul will also continue his former role as regional head of CitiBusiness, the groupÆs offering that targets small and medium-sized enterprises.
To his new role, Kaul brings over 20 years of banking experience, which spans CitiÆs corporate and investment bank and its consumer bank. Over his time at the bank, he has held roles in transaction banking, cash management, Citiphone, non-resident Indian business in the US, Latin America international personal banking and e-solutions.
Malhotra recently left the bank to assume the newly-created role at Merrill as managing director and head of global private client group, India. Based in Singapore, Malhotra will be responsible for global private client group's onshore operation in India as well as its non-resident Indian (NRI) business. For Citi, he also held a number of senior positions at the same firm, including global head of non-resident Indian business in London and the Dubai-based role of area director for CitiÆs Middle East and non-resident Indian business.
Sunsuper and QSuper appoints CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
Investors from China and the US are expected to continue buying assets in each other’s markets despite the blacklist of Chinese firms with military and surveillance ties.
Stronger government actions are needed to meet the Paris Agreement goal of limiting global temperature rise to 1.5 degrees, investors such as Hesta and CDPQ signed in a statement.
AsianInvestor explains why we chose the winners of the second half of our 2021 fund manager winners, by major local markets.