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.
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.
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.