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
McNicholas has the title of director on the financing sales team in Hong Kong and will have primary responsibility for selling financing services to quantitative and professional trading clients. He will report to regional co-head Eddie Guillemette.
Prime broking director at Merrill, Paul Thomas, will relocate to Hong Kong from Australia next month. He manages the financing relationships in the region and will be part of the financing sales team located in Hong Kong. He continues to report to Eddie Guillemette.
Additionally, Phil Pineo is joining Merrill Lynch as a vice-president in the financing sales team in Australia. He will have primary responsibility for selling financing services to Australian clients. He joins from Satellite Asset Management in London. He has also worked for GlobeOp, UBS and Morgan Stanley, all in the UK. He will report to Paul Thomas functionally and John Laws locally.
Investors still favour private equity assets for their higher growth, better governance structures, and diversification potential.
The recent focus on greenwashing has put bond issues under greater scrutiny. However, some market participants believe this risks paralysis by analysis.
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.