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
Yen's reporting lines will include Charles Alexander, LehmanÆs head of Asia corporate finance, and John Niebuhr, global head of ratings advisory in New York.
As head of ratings advisory for Asia, Yen will be responsible for advising Lehman BrothersÆ clients in all aspects of their rating agency relationships, as well as providing general corporate finance advice. He will be based in Hong Kong.
YenÆs appointment continues Lehman Brothers efforts to strengthen and expand its
investment banking teams across the region, especially in global and Corporate finance.
Recently, Lehman recently hired Juhi Prasad as senior vice president, head of leveraged finance for Asia; Hiroshi Wakutsu as head of global finance in Japan; and Terence Lim as head of global finance solutions for Asia.
Prior to joining Lehman Brothers, Yen was a managing director of the financial institutions group (FIG) at MoodyÆs where he led a team of 30 analysts and managed more than 260 ratings relationships.
Before that Yen worked in the chemical industry in the US and has 16 years of experience in the financial sector in both New York and Hong Kong.
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.