Asia continues to lag other regions for integrating ESG principles with investing; better data and stronger regulatory requirements will help institutional investors, market observers say.
In his new position, Desforges will assume responsibility for the management of equity derivatives sales, structuring and trading for the Asia-Pacific region. His appointment comes as SGCIB looks to bulk up it Asian presence over a number of lines.
Desforges takes on the role after the relocation of Frank Drouet relocates from its Tokyo offices to Paris to focus his attentions on volatility trades.
Prior to accepting the new role, Desforges was SGCIBÆs global head of sales and structuring for equity derivatives in Paris. In this post he was responsible for sales and marketing of structured products, flow products and list products including warrants, certificates and exchange traded products.
His experience within the firm also extends to Lyxor Asset Management, which he founded in 1998. The fund manager opened up in Asia in November 2001 and has developed its business line to focus on structured management, index-linked management and alternative structured management.
Desforges first joined Societe Generale in 1987 and brings over 1o years of equity derivative experience in Asia and Europe to the new role.
The appetite of institutional investors for green, social, and sustainable bonds that bring clear environmental and socio-economic benefits shows no sign of waning.
The German insurer has plans for the property sector in Australia and China too.
Global investors are advised to look selectively at Japanese equities as the country recovers from lockdown and continues to improve corporate governance.
Weekly investor roundup: Sun Life weighs second ESG fund in HK; Korea's NPS reduces domestic equity allocation
Sun Life considers launching second ESG fund in Hong Kong as it banks on the growing theme; NPS lowers exposure to large-cap and other domestic shares; Temasek's Vertex Technology Acquisition Corporation becomes first special purpose acquisition company on the Singapore Exchange; and more