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
For RBS, Richards will report locally to Lee Knight, chief executive officer of RBS Securities Japan and globally to Kit Juckes, head of debt markets research in London.
In his new post at RBS, Richards will be responsible for building regional strategy and economics teams. He will also draw on his experience in forecasting the direction of Japanese interest rates and the yield curve, identifying relative value in the yen fixed income markets, and in developing hedging and risk management strategies for RBSÆ client base.
At Barclays Capital, Richards was most recently head of research, Japan. Prior to joining this firm in 2001, he was a partner at a Japan-based hedge fund. His 25 years of financial experience also includes time at CSFB, where he managed hedge fund sales.
The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Investors are seeing the risks, but also the opportunities of the logistics sector. Warehousing their fears for the moment, they can see it's a good conduit to high-growth assets.
Insto roundup: GPIF staff say J-Reits more attractive than traditional assets; Hong Kong's strict Spac criteria
EISS Super hit by another scandal; China's CSRC launches consultation on disclosure requirements for new BSE securities; Hong Kong issues consultation paper on Spacs; New World Development partners with China Taiping to focus on Greater Bay Area projects; GPIF employees say Japanese Reits have grown more attractive; Taiwan's BLF invites bid for $1.7 billion mandate; and more
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.