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
Following a spell on maternity leave, she has announced her departure. When she returns to the grindstone in August, it will not be in the world of prime brokerage. She has told AsianInvestor that she will be starting a new senior job in the Hong Kong hedge-fund world in August, but it will not be in the field of service provision.
She had joined Merrill Lynch in 2005 as head of the capital introductions group in Pacific Rim, and last year took on responsibility for consulting services. Prior to Merrill Lynch, she was head of prime brokerage sales for Asia ex-Japan at Morgan Stanley from 2001 to 2005 and also had a spell at Goldman Sachs Prime Brokerage.
Merrill Lynch has said that Martin Visairas will manage all capital introductions tasks for the time being, while the question of a successor is discussed. Visairas, who has the rank of director, joined the Hong Kong prime broking operation from MerrillÆs London office approximately one year ago.
After management changes earlier this year, Brian Canniffe and Eddie Guillemette are now the co-heads of the Merrill Lynch prime brokerage business in Asia. Canniffe heads trading and risk-related matters, and Eddie Guillemette is responsible for sales, capital introduction and consulting services in the region.
Kwap property arm appoints CEO; VFMC names new CEO as Lisa Gray retires; MSIG Singapore promotes Mack Eng as CEO; Monroe Capital opens first Asia office in Seoul, hires head from Aberdeen; Vanguard Australia appoints new MD to relocate from US; HSBC AM expands EM debt team; Vantage FX hires from CGS-CIMB in Singapore; and more.
Financials and healthcare have been spotted as promising sectors, while several tech IPOs are on the way, including a $2.2 billion fintech firm and a GIC-backed e-commerce startup.
A strong recovery in the Asia Pacific private capital markets in 2021 sets up favourable hiring and compensation trends.
The $95 billion Korean savings will set up a separately managed account for real estate debt investment early next year in order to shorten decision-making and help it win deals in a crowded market.