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
Forsyth takes on the role of associate director, prime broking sales, having spent the last five years leading the capital introduction team for Eureka Hedge in Singapore.
Austin joins UBS from BarclaysÆ prime brokerage in London where she has worked as an account manager since 2001. She is relocating to Sydney where she will also fulfil the role of account manager for UBS.
UBSÆ client base in Australia includes large institutional-type hedge funds as well as small start-up operations. The bank provides sales, capital introduction, client services, consultancy and transition management.
AustraliaÆs hedge fund community continues to grow at a rate of 40% per year as existing managers increase their balances and new start-ups form. The Alternative Investment Management Association estimates the hedge fund industry will total A$50 billion ($37.5 billion) in funds under management by end of 2006.
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.