Asia continues to lag other regions for integrating ESG principles with investing; better data and stronger regulatory requirements will help institutional investors, market observers say.
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.
Omicron may have put the bite into the property sector, but commercial property in Asia Pacific is defying the odds in a challenging sector, says a CBRE report.
Korea Teachers' Credit Union appoints new CIO; AIA Singapore hired ESG head from UOB; Ping An confirms appointment of Benjamin Deng as CIO; Australian Unity hires first head of responsible investment; AMP has new head of portfolio management for multi-assets, Robeco hires Asia fixed income head; Haitong makes three new appointments for institutional clients business; and more.
After two tenures, AsianInvestor's 2021 Standout CIO Jang Dong-hun looks back on the past six years at Korea's Poba with satisfaction.
Risks including property downturn and ongoing pandemic make for difficult investment decisions.