There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
Masi is replacing Kevin Skelton who steps aside to focus on deals as chairman of investment banking for the Sydney office. SkeltonÆs strengths are in the financial institutions sector, and he is keen to spend more time interacting with clients, says a Merrills spokesperson.
Masi joined Merrill Lynch in Australia in 2000 and was previously country co-head and head of Australasian equities before moving to Hong Kong in 2003.
He remains a member of MerrillsÆ Asia-Pacific region executive committee. He also becomes chairman of the Australia executive committee.
The bank says his equities replacement in Hong Kong will be announced shortly.
AsianInvestor reveals the first half of our marquee winners for this year's Asset Management awards, including best asset service provider and top alternative fund houses.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.
The Australian pension fund joins other asset owners in eyeing private credit opportunities in the Asia-Pacific region, although liquid defensive assets retain a majority of allocations.
Alternatives news roundup: Asia Pacific's alternatives market to hit $6tr by 2025; Indonesia's SWF to buy troubled toll roads
Asia Pacific alternatives market to grow to $6tr by 2025; Australian private capital assets rose to A$77 billion in mid-2020; Chinese authorities limit cash management products holding riskier securities; Indonesia's sovereign wealth fund to acquire several toll roads; Korean institutional investors support scheme to buy US asset-backed securities; and more.