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
ôTerence has extensive experience working in emerging markets in Asia having lived here since 1981," says Tung Kim Nguyen, managing director of Indochina Capital Advisors, ICVÆs investment manager. "He will lead ICVÆs efforts to continually improve the already stringent standards we adhere to in the corporate governance area."
Mahony has had a broad financial career since 1968 covering banking, institutional broking and fund management. Prior to joining ICV, he was a managing director with Investment Manager Selection, or IMS, where he was responsible for asset allocation for global institutional portfolios and research and monitoring of international fund managers with a bias towards Asia. Prior to IMS, he worked at Trust Company of the West and TCW Asia Limited, from 1996 to 1999 as its managing director, emerging markets equities and president of TCW Asia Limited, as well as chief investment officer of global emerging markets.
Among other positions he has held are director and chief investment officer for Latin America for Barings, managing the Baring Puma Latin American fund. He returned to Hong Kong in 1993 and joined HSBC as chief investment officer of global emerging markets and as a member of the global asset allocation committee.
Vietnam, of course, has been on investors' radar screens over the past few years. VietnamÆs economy grew by 8.5% in 2007 -- the third consecutive year of above 8% growth and the fastest pace since the 9.3% growth recorded back in 1996.
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.