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.
He joins from Goldman Sachs where, as a managing director, he had global responsibility for asset management strategies for sovereign wealth funds and central banks.
Previously, Eliza Lau had the dual role of CEO and CIO. She will remain with the firm as CIO, reporting to Vincent Duhamel. Chief risk officer Jeff Nie and COO Joseph Chu will also report to Duhamel.
"We are strengthening significantly the management team as we're in a growth phase," says Search Group chairman Robert Miller. "Eliza's strongest skill set is on the investment side and Vincent has an excellent track record in growing businesses."
In his CEO role, Duhamel will report to Robert Miller via the firm's executive committee. Seated on that executive committee alongside himself are Robert Miller, Eliza Lau and the chief financial officer of Search Group, John Williamson.
Sail Advisors has $2.5 billion in assets under management across three funds-of-hedge-funds. For the first half of 2008, the Pacific Explorer fund is down 4.32%.
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.
Malaysia's Armed Forces Fund hires new CEO; Canada's Omers appoints Asia capital markets managing director; HSBC Asset Management creates alternatives unit, appoints CIO as its head; Bank of Singapore names global wealth head; Aware Super hires IFA head; Hong Kong names acting head for MPFA; Schroders adding to Asia ESG headcount; and more.
Asian fixed income assets – including Hong Kong dollar (HKD) bonds – are luring growing numbers of global investors who are striving for reliable and consistent returns amid macro uncertainty compounded by rising inflation and rates, according to HSBC Asset Management.