Departing CEO Fiona Reynolds tells AsianInvestor how she hopes that, within a five-year period, human rights will be as important as climate issues for most investors.
It has hired Anthony Chan as senior consultant. Wong has just relocated from Singapore,where he had worked at iPac, the investment financial advisory. He also worked at an internet company start-up, and as an actuary in London, working on behalf of British pension funds from a liability-driven perspective.
His main responsibility will be helping clients in Asia with asset allocation and asset/liability modelling. ôBut IÆll also serve as a general investment consultant,ö he says.
ôIn talks with clients and prospects in Asia, IÆve already noticed a lot of interest in alpha,ö Chan says. ôInstitutions are operating more in terms of alpha and beta. Many of them are looking for absolute returns. WeÆre doing a lot of research into Libor-plus products.ö
Denning says that the firm will continue to hire senior people, but it is now running with a full team, following last yearÆs move by Peter Ryan-Kane to the funds industry (he now works at Credit SuisseÆs asset management division).
She has also hired Michelle Tsui for a regional role in development and training for the investment consulting practice. Tsui was previously with Watson WyattÆs business in New Zealand, which was sold to Mercer Investment Consulting last year. Tsui now returns to the fold, but will continue to operate out of Auckland.
Denning says she intends to make a senior hire to be based in China and is considering another for Korea next year.
The NGO's election of a Japanese insurer board member promises to improve ESG stewardship in fixed income, plus bridge the gap between investors and policymakers.
Insto roundup: GPIF makes record cut to treasuries weighting; AustralianSuper to triple private debt investments
Omers to buy Indian renewable power producer; GPIF made record cut to treasuries weighting; AustralianSuper's private debt investments to hit A$15 billion by 2024; Hong Kong Exchange Fund's investment income recovers for H1 2021; China's securities regulator claims to seek closer cooperation with US; Allianz wins approval from Chinese regulators to launch asset management firm; and more
Non-deliverable forwards are now at the forefront of mind for investors in the region after the pandemic, despite some regulatory concerns.
Future Fund internally appoints deputy CIO for portfolio strategy; CPPIB promotes Suyi Kim to run global private equity; NPS extends CIO term for second time; Willis Towers Watson appoints Australian investments head; Knight Frank promotes Apac director to run global capital strategies; Natixis Investment Managers names head of distribution for Emea.