Responsible investing includes allocating to poor-ESG performing EM countries and helping them shift to greener solutions, instead of divesting completely, experts said.
Chin Leng Woon has been appointed to lead the team under the title of head of futures, Asia. He will cover all aspects of marketing and trade execution, including the bankÆs electronic trading platform.
He reports to William Knottenbelt, RBS global head of futures.
At ABN, he spent nine years running the Dutch bank's futures desk in Singapore. The group also held responsibility for futures execution and clearing services. Before his ABN tenure, Woon held a similar position at NatWest Futures.
Also moving from ABN are Sally Lee Ai Lau, Marilyn Tan Seow Hwee and Koh Pin Hong. Together the four will complement the bankÆs existing broking desks in London, Chicago, Greenwich and Atlanta.
At the same time, RBS has also announced that Jay Chia and Stella Gan will join the firm in Singapore. Moving from Cargills, Chia will provide technical support and advice for the electronic trading platform in the region, while Gan will run Asian clearing services.
Inflation, fluctuating interest rates, Covid-19 shutdowns, and sporadic reopenings have led to bouts of volatility in the market, with tech stocks bearing the brunt of the selling over the last month.
Amid today’s macro landscape and the need to rethink portfolio planning, asset owners in Asia Pacific are more eagerly embracing responsible investing, says Nuveen’s Simon England-Brammer.
Aware Super appoints deputy CIO and head of governance; AustralianSuper promotes chief risk officer to replace Paul Schroder; Raffles Family Office adds two new roles to independent advisory board; Amundi appoints South Asia CEO; Barclays names China chief executive; Zico hires head of advisory in Singapore; Capital Group names head of HK client group; and more
Nearly 50% of institutional investors and family offices in Asia Pacific intend to increase the number of external managers for their thematic investments in equities over the next 12 months.