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.
His hiring follows recent movement by Linklaters to boost its Greater China practice. Over the past year, the firm has added five partners focusing on mergers and acquisitions, capital markets, derivatives, securitization, dispute resolution and financial market regulatory advice in China.
Chow shifts to Linklaters from Slaughter and May, where he held the title of partner in its corporate and financing practice since 2004. He joined the firm in 1995 and recently lent his expertise to number of high profile transactions including China NetcomÆs acquisition of a 20% stake in Hong Kong fixed line incumbent PCCW and Dubai Ports International on the acquisition of the global ports operation of CSX Corporation.
In addition, he has also advised Goldman Sachs, HSBC and other underwriters on the IPO of Bank of Communications and Kerry Properties on the issue of its HK$2.5 billion convertible bond.
The fluent Mandarin, Cantonese and English speaker joins LinklatersÆ 24 other partners in its Greater China practice and is qualified to practice both Hong Kong and English law and as an attorney in New York.
Mega players Nippon Life and Dai-ichi Life are looking for opportunities in higher-yield single-A US corporate bonds, which offer more appealing yields than stagnant domestic offerings.
The “lower for longer” monetary policy and stimulus packages, coupled with the rolling out of vaccine programmes favorably support real estate investing in the region, with offices and data centres presenting forward-looking opportunities.
As US fixed income default rates rose and yields fell during the pandemic, are Asian bonds, which have had more stable yields through 2020, looking more attractive?
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Norway's Oil Fund welcome Chinese proposals improving transparency and shareholder protection; HK's MPF assets surge 35% year on year; Korea's NPS commits $100m to TPG consortium to invest in taxi-hailing app; Poba commits W270bn to European property; Malaysia's EPF sees investment income rise 59% year-on-year in first quarter, and more.