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, 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.
The AU$85 billion ($61.6 billion) Australian super fund has some exposure to indebted property developer Evergrande. Meanwhile, China’s construction finance is part of its core strategy in real estate.
Investors are seeing the risks, but also the opportunities of the logistics sector. Warehousing their fears for the moment, they can see it's a good conduit to high-growth assets.
Insto roundup: GPIF staff say J-Reits more attractive than traditional assets; Hong Kong's strict Spac criteria
EISS Super hit by another scandal; China's CSRC launches consultation on disclosure requirements for new BSE securities; Hong Kong issues consultation paper on Spacs; New World Development partners with China Taiping to focus on Greater Bay Area projects; GPIF employees say Japanese Reits have grown more attractive; Taiwan's BLF invites bid for $1.7 billion mandate; and more
SGX’s new framework for Spacs will likely provide investors with a much-needed channel for direct deals, but the verdict is still out on whether it will bring liquidity to the bourse.