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
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.
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.