The Dutch pension asset manager's Asia Pacific head of real estate says his team has just had one of its busiest years ever and that 2021 is looking similarly promising.
Based in Hong Kong, Bryan notched up a 33-year career with HSBC during which he worked in the securities services business for 17 years. He has headed the custody and corporate trust businesses for the past 10 years.
Bryan will not be replaced, but will act as a part-time consultant to HSBC over the next 18 months. Colin Brooks, global head of custody and clearing, and Charles Song, global head of corporate trust and loan agency, both based in Hong Kong, will continue to lead their respective businesses and will report directly to Tim Howell, global head of securities services.
The news of BryanÆs retirement comes as the bank continues its rollout of new products and services across the region.
"We are working with clients in Asia to assess where there are opportunities for them to outsource non-core activities to third-party providers,ö says Brooks.
ôWe are talking to custodians and broker dealers about that. Also if you look at the massive growth in Asia-Pacific over the last 12 to 18 months, we are also reviewing our processes and infrastructure to make sure we have the capacity to facilitate our clients' requirements," he adds.
HSBC Securities Services provides fund administration, corporate trust, subcustody and clearing services to banks, corporations, global custodians and cross-border institutional broker-dealers.
In its second annual sustainable investment report, the sovereign wealth fund says it invested $1.79bn in ESG bonds. Experts say asset owners next need to consolidate their standards.
Senior executives at the Taiwan financial group and Canadian pension fund believe that companies have to make an ESG transition, and may not have a choice in a few years.
Record low borrowing costs in Australia are feeding demand for the country's real estate, with domestic and global investors raising their allocations into the sector.
Experts have a diversified view on the appeal of private assets across the region, but one thing's for certain - inflows are rising, particularly into China and the US.