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
In his new role, Strid will report to Christopher Meens, managing director of SunGardÆs GMI in the UK and Europe and the Asia-Pacific. He takes on the role after John Warren has moved to a new role as SunGard Asia-PacificÆs managing director for the PeopleÆs Republic of China.
Prior to his Hong Kong posting, Strid was a senior sales consultant for GMI in New York. He brings 18 years experience to his new position in various operational, business analyst and management rolls in the global futures and derivatives arena.
GMI supports the activities of clearing firms, securities firms, brokerage houses, and other participants in derivatives trading, such as multinational agriculture and energy companies. The clearing and accounting system also links to exchanges worldwide for automatic trade capture and access to pricing updates, margins, and risk arrays, while also helping clients to eliminate manual processes and consolidate data in a single integrated accounting system, control costs and increase competitiveness. Currently, listed derivative transactions on more than 75 exchanges worldwide are supported by GMI.
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.
Financials and healthcare have been spotted as promising sectors, while several tech IPOs are on the way, including a $2.2 billion fintech firm and a GIC-backed e-commerce startup.
A strong recovery in the Asia Pacific private capital markets in 2021 sets up favourable hiring and compensation trends.
The $95 billion Korean savings will set up a separately managed account for real estate debt investment early next year in order to shorten decision-making and help it win deals in a crowded market.