There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
In the new role, Gillespie will have specific responsibility for regional REIT strategy and Singapore property and will manage the property research. Wong, will continue to be responsible for Hong Kong/China property and hotels.
Upon moving up from UBSÆ Sydney offices, Gillespie will report to Nicholas Pink, the bankÆs head of Asian research. He replaces Charles Neo, who left the firm in June to work for Mercury Real Estate Advisors. Neo joined the firm as senior managing director in its newly established Singapore offices.
ôAs the securitisation of property assets around the region accelerates ûparticularly in Singapore û maintaining a leading team in the property sector assumes an ever greater importance to our entire equities business,ö says Pink. ôHis appointment comes in time to meet our clientsÆ substantial need and reflects our determination to continue delivering the most relevant research product in Asian property.ö
Gillespie was director of real estate research for UBS in Australia and has 8 years of experience covering listed REITs and property developers.
Prior to joining UBS, Gillespie held positions at ABN AMRO and BT Alex Brown.
AsianInvestor reveals the first half of our marquee winners for this year's Asset Management awards, including best asset service provider and top alternative fund houses.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.
The Australian pension fund joins other asset owners in eyeing private credit opportunities in the Asia-Pacific region, although liquid defensive assets retain a majority of allocations.
Alternatives news roundup: Asia Pacific's alternatives market to hit $6tr by 2025; Indonesia's SWF to buy troubled toll roads
Asia Pacific alternatives market to grow to $6tr by 2025; Australian private capital assets rose to A$77 billion in mid-2020; Chinese authorities limit cash management products holding riskier securities; Indonesia's sovereign wealth fund to acquire several toll roads; Korean institutional investors support scheme to buy US asset-backed securities; and more.