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
Both Desai and Shah are MDs within Morgan Stanley India. Desai joined Morgan Stanley in Mumbai in 1997 and was most recently head of India research.
Shah joined JM Financial in 1996 and was most recently head of sales. In announcing the appointments, chairman Nimesh Kampani stresses that the two have, ôproven leadership skills and the right credentialsö and are well placed to ôbuild on the firmÆs tremendous success in India.ö
Speculation has been rife about Morgan StanleyÆs plans following Merrill Lynch's decision to buy out its joint venture partner DSP owned by Hemendra Kothari. Morgan Stanley currently owns 51% of the securities venture and 49% of the investment banking arm. India has become one of AsiaÆs hottest investment banking markets especially as global firms are eager to offer their clients setting up in the country, both corporate and on the funds management side, a comprehensive range of services.
SGX’s new framework for Spacs will likely provide investors with a much-needed channel for direct deals, but the verdict is still out on whether it will bring liquidity to the bourse.
The asset allocation matrix is becoming more complex as investors look for new sources of returns beyond traditional asset types. How can investors measure and maximise returns in compounded portfolios?
When it comes to family offices, the generations don't always see eye to eye. For the younger generation, ESG concerns and tech plays are beginning to predominate.
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.