ESG is no passing fad, as more investors are convinced that alpha can be found in ESG and regulators continue to introduce rules to lift ESG standards.
The new Pacific-Rim equity platform will be lead by Nigel Beattie and Yasuhiro Fujiwara, which Merrill Lynch have appointed co-heads. In their newly-created roles, both internal appointees will report to Jason Brand, president of Pacific-Rim global markets and investment banking group (GMI) and to Rohit DÆSouza, head of global equities and AmericaÆs global markets.
Beattie, previously MerrillÆs head of Pacific-Rim equity investor client group, will focus his attention on the Asia-Pacific area, while Fujiwara, its former head of Japan equity trading, will take responsibility specfically for Japan.
According to Merrill Lynch, by unifying its Pacific-Rim equity structure, it will be able to use resources more efficiently and this will result in the faster roll out of new trading platforms and marketing strategies. Merrill says it will also enable the bank to have broader regional correlation trading books.
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.
What can asset managers and other stakeholders in the country do to further drive sustainable investing, particularly among smaller asset owners, in the country?