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.
She had been working as the commercial director of Fortis Bank's hedge-fund administration services in Hong Kong for just over a year and before then had been with Deutsche Asset Management's sales unit in Singapore as director of absolute-return strategies. Before then, she was with Bank of Bermuda's hedge-fund administration department. Attempts to contact her this week have been unsuccessful.
Fortis has told AsianInvestor that its hedge-fund administration department in Asia has been restructured, for reasons unrelated to her departure. The departmental coverage has been demarcated into a north and south Asia split.
As a temporary measure, Stewart Bent is covering her job across the full region. He has also been promoted to the senior commercial role in Hong Kong, bagging the title of regional director, sales and relationship management for Asia ex-Japan. In an expansion of his former role, he has picked up client relationships to complement his ongoing sales responsibilities.
In another internal move, Dan Synk has become head of operations in Hong Kong. Both gentlemen will report to Gordon Shaw, a managing director based in Hong Kong.
Sunsuper and QSuper appoints CIO for combined entity; State Street appoints heads of HK and Taiwan; Nothern Trust rebuilds Apac team; Manulife IM names emerging markets fixed income CIO; RBC Wealth Management hires four into HK; Lombard Odier hires two senior equity managers; Allianz Global Investors appoints Asia hand as equity CIO; and more.
Investors from China and the US are expected to continue buying assets in each other’s markets despite the blacklist of Chinese firms with military and surveillance ties.
Stronger government actions are needed to meet the Paris Agreement goal of limiting global temperature rise to 1.5 degrees, investors such as Hesta and CDPQ signed in a statement.
AsianInvestor explains why we chose the winners of the second half of our 2021 fund manager winners, by major local markets.