There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
Prior to Kurz's appointment, Chan held his current position as regional head of technology research in tandem with the head of Taiwan research role.
Kurz reports directly to Adrian Faure, the Hong Kong-based director of research for Asia-Pacific CIR and is the fifth new Asian country head of research named by Citi in recent months, following appointments in Hong Kong, Thailand, South Korea and Malaysia.
In his new role at CIR Taiwan, Kurz will primarily assume responsibility for writing country strategy research, including a number of new platform products, drawing on his 18 years of experience in this Asian market.
Prior to joining Citi, Kurz was at BNP Paribas where he was head of corporate finance in Taiwan. Before starting this role in 2004, he established and ran Insight Pacific, his own investment advisory and corporate finance boutique in Taiwan. From 2000 to 2004, Kurz was chief executive officer of this firm and earned the nickname of Mr Taiwan due to his immense familiarity with the market.
In addition to these roles, Kurz also brings experience from Merrill Lynch and Baring Securities. In 1997, he was head of research for Taiwan at Merrill. He started his Taiwan tenure at Baring Securities in 1988 in a similar position.
Kurz began his financial careers as a bond and equity trader in Boston and New York and comes as Citi continues to bulk up its research franchise in the region.
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.
Alternatives news roundup: Asia Pacific's alternatives market to hit $6tr by 2025; Indonesia's SWF to buy troubled toll roads
Asia Pacific alternatives market to grow to $6tr by 2025; Australian private capital assets rose to A$77 billion in mid-2020; Chinese authorities limit cash management products holding riskier securities; Indonesia's sovereign wealth fund to acquire several toll roads; Korean institutional investors support scheme to buy US asset-backed securities; and more.