Tokio Marine appoints new CEO for Asia region; Ben Rudd made CEO of Prudential Wealth Management; HKEX hires from Prudential; Samsung SRA appoints former KIC infra head as CEO; HSBC Asset Management appoints senior vice president; Morningstar names head of manager research for Europe and Asia; PGIM adds ESG lead for Europe and Asia; Apex Group adds Singapore managing director; and more.
The plan is to extract coal bed methane gas from mines in the Shanxi Province of China and use it to generate electricity and produce carbon credits.
Simultaneously, Man Investments has announced the commencement of Man Environmental Capital Opportunities, which will look to invest in private equity projects pertaining to climate change, energy-related security and energy related technological innovations. The venture will be run by Nick Wood, who sits on the management committee of Man Investments.
Is this the smell of the future? Film fans will recall from the ominously prescient 1985 movie Mad Max Beyond Thunderdome, with oil having run out, the post-apocalyptic world was powered by a methane refinery, available in unlimited quantities courtesy of its pigs. Via the imposition of energy embargoes from time to time, the man who controlled the pigs, controlled Bartertown.
Hong Kong’s Mandatory Provident Fund recorded investment losses for 2021 as local and mainland Chinese equities underperformed, but experts eye other headwinds for the coming year.
One of Hong Kong's biggest family firms, New World Development, plans to beef up its ESG vision, leading the way for other family offices and family firms in the region.
Nature loss across Asia will profoundly damage economic activities that rely on natural capital, according to several recent studies. Investors need to act.
Nuveen’s Simon England-Brammer discusses the firm’s investment outlook, identifying the opportunities and risks across a range of asset classes.