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 role, he will primarily focus on originating equity transactions. His Credit Suisse posting will also include overseeing all areas of its capital markets business in Japan, which includes both equity capital markets and debt capital markets. In this capacity, Tsuruta will work closely with Max Weber, head of Credit SuisseÆs equity capital markets department in Japan.
Upon joining Credit Suisse, Tsuruta will report directly to Andrew Brownfield, head of the global market solutions group in Japan, which runs the firm's capital markets businesses. According to Credit Suisse, his appointment is part of its ongoing commitment to the Japanese equities market and as a response to an upsurge in the market.
At UBS, Tsuruta was deputy head of the equities division, which he held from 2003 to 2006. Prior to this position, he was the head of the equity capital markets group at UBS from 2000 to 2003.
Before his stretch at UBS, Tsuruta spent 18 years at Nomura Securities in a wide range of senior roles in Tokyo, New York and London. At Nomura he held roles in both equities and fixed income.
Omicron may have put the bite into the property sector, but commercial property in Asia Pacific is defying the odds in a challenging sector, says a CBRE report.
Korea Teachers' Credit Union appoints new CIO; AIA Singapore hired ESG head from UOB; Ping An confirms appointment of Benjamin Deng as CIO; Australian Unity hires first head of responsible investment; AMP has new head of portfolio management for multi-assets, Robeco hires Asia fixed income head; Haitong makes three new appointments for institutional clients business; and more.
After two tenures, AsianInvestor's 2021 Standout CIO Jang Dong-hun looks back on the past six years at Korea's Poba with satisfaction.
Risks including property downturn and ongoing pandemic make for difficult investment decisions.