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.
For the time being he will be operating solo and there are no plans to hire anyone else on this new derivatives desk, but he will be working alongside equity and debt salesmen across the Merrill globe.
Shenk has been lured from Credit Suisse, where he was head of the listed derivatives group in Japan responsible for its Japanese listed futures and options business. His work experience has been entirely in Asia, with the last 10 years based in Japan and focused on listed derivatives.
He will report regionally to Merrill LynchÆs Asian prime brokerage supremo Melvyn Ford, the regional head of global markets financing and services who is based in Hong Kong, and functionally to Jon Dye, global head of financial futures and options in New York.
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.