Tokio Marine appoints new CEO for Asia region; Ben Rudd made CEO of Prudential Wealth Management; HKEX hires from Prudential; Samsung SRA appoints former KIC infra head as CEO; HSBC Asset Management appoints senior vice president; Morningstar names head of manager research for Europe and Asia; PGIM adds ESG lead for Europe and Asia; Apex Group adds Singapore managing director; and more.
Lord relocates to MacquarieÆs Hong Kong offices to cover HSBC and Standard Chartered. In his new role, he will work closely with Chris Esson and Christina Fox, who both cover Hong Kong and China banks.
In addition to this responsibility, he will also undertake a broader banking sector role within the organisation, which will require close interaction with Ismael Pili, who leads MacquarieÆs banking sector team from Singapore.
Lord joins Macquarie from Deutsche Bank in London, where he was co-head of European banks research. His resume also includes roles at Citigroup, where he covered UK Banks.
In Bangkok, the firm has hired iMacDonald to cover Thai banks and beef up its country research product. MacDonald's appointment follows his back-to-back triumph in FinanceAsiaÆs annual competition to predict the year-end close of the FA100, an index tracking Asia ex-JapanÆs most profitable companies.
He joins Macquarie from Finansa, a Bangkok-based brokerage, where he was head of research and heavily involved in setting up its research capabilities. Prior to joining Finansa in 2002, MacDonald was head of regional banks research at BNP Paribas Singapore.
The appointments are in line with MacquarieÆs recent research splurge, which has included new signings in the property, utilities and economics teams. The new members join an existing nine-strong banking team.
Both new hires will split their reporting lines to Mark Rosenfeld, deputy head of research, Asia and to David Rickards, the Hong Kong-based global head of equities research.
Hong Kong’s Mandatory Provident Fund recorded investment losses for 2021 as local and mainland Chinese equities underperformed, but experts eye other headwinds for the coming year.
One of Hong Kong's biggest family firms, New World Development, plans to beef up its ESG vision, leading the way for other family offices and family firms in the region.
Nature loss across Asia will profoundly damage economic activities that rely on natural capital, according to several recent studies. Investors need to act.
Nuveen’s Simon England-Brammer discusses the firm’s investment outlook, identifying the opportunities and risks across a range of asset classes.