CBUS APPOINTS CIO
Brett Chatfield has been permanently appointed as the chief investment officer at Australian industry super fund Cbus.
Chatfield will continue to be based in Melbourne.
With over two decades of experience in the finance industry, Chatfield has held senior positions at Cbus for more than a decade, most recently serving as acting CIO.
Chatfield was deputy CIO for four years prior to his interim position. During his time at Cbus, he has contributed to the development of the fund's investment model and has launched its new five-year investment strategy.
Before joining Cbus in 2013, Chatfield held positions at Fidante Partners, Frontier, UniSuper, Lonsec and KPMG.
ART NAMES CHIEF OF RETIREMENT
The Australian Retirement Trust (ART) has announced the appointment of Kathy Vincent as its new chief of retirement. She will join the $160 billion (A$240 billion) superannuation fund in December.
In the newly created post, Vincent will focus on implementing ART's retirement strategy, and lead all aspects of the fund's retirement offering, including product, service model and advice.
Vincent has spent the last five years at wealth management services firm BT, most recently as the chief strategy and product officer. Before that, she led the platforms, investments, and operations team as managing director, and was general manager of platforms and investments.
She has over 30 years of experience in the retail sector, working in various roles across product, strategy, and financial advice. She spent more than 18 years at Macquarie Group and held senior roles at MLC and National Australia Bank.
Vincent's appointment completes the fund's new executive structure that was announced in March.
AFFIRMA CAPITAL MAKES KOREAN MD PARTNER
Global private equity firm Affirma Capital has made Seoul-based managing director Thomas Min-hyun Shim to partner.
The announcement marks Affirma’s first nomination of a new partner since the firm completed its management buyout of Standard Chartered Bank in 2019.
Shim joined Standard Chartered Private Equity (SCPE) in 2009, which was rebranded Affirma after the buyout.
Prior to this, he worked at SK Telecom between 2005 and 2008 with a focus on restructuring, post-merger integration and executive assessment.
TISHMAN SPEYER HIRES KOREA INVESTMENT DIRECTOR
Real estate asset manager Tishman Speyer has hired Jerry Hyun-jae Park as senior investment director, effective May 23.
Based in Seoul, Park will focus on growing the firm’s investments in the Korean commercial real estate market. Park will report to Graham Mackie, who was appointed managing director in June 2022 to spearhead Tishman Speyer’s Asia Pacific expansion beyond its long-established operations in China and India.
Park joins Tishman Speyer from local real estate investment trusts (REITs) asset management firm D&D Investment where he was executive director for acquisitions and development. D&D Investment did not respond to AsianInvestor’s inquiries about when Park left the firm and who will be taking over his responsibilities.
Prior to D&D Investment, Park worked as portfolio manager for global real estate investment at the global alternative investment division at Korea’s National Pension Service (NPS). He has also held real estate roles at Mirae Asset Global Investments and PwC Korea.
SCHRODERS AUSTRALIA NAMES CEO
Schroders Australia has named Simon Doyle as its new chief executive. He will be taking over the top job from Sam Hallinan who has led the business since April 2021.
The firm said in a statement that Doyle would take on this position while also maintaining his role as CIO which he had held since February 2022.
Joining in 2003, Doyle managed the firm's fixed income, multi-asset, and private debt teams and in 2022 was given the additional chief investment officer job.
As Doyle transitions, Schroders' deputy head of multi-asset Australia Sebastian Mullins has been promoted to head of multi-asset.
Mullins joined in 2019 and has 12 years of experience in the sector.
HINES GETS ASIA RESEARCH HEAD
Real estate asset management firm Hines has appointed Tim Jowett as managing director and head of Asia research, effective June 11. He will be based in Hong Kong, reporting to Josh Scoville, global head of research.
In this new role, Jowett will leverage Hines’ research framework to support business and investment opportunities across the region and for the firm’s Asia-focused funds.
These responsibilities were previously overseen by Michael Hudgins who has now moved to a global product specialist role within Hines, a spokesperson told AsianInvestor.
Prior to joining Hines, Jowett was at Grosvenor Asia where he was managing director and head of Greater China for several years following his role as director of investment strategy and analysis.
Regarding Jowett's replacement, a Grosvenor spokesperson explained to AsianInvestor that, as part of a revised international property strategy, Grosvenor is pivoting its Asia and other global exposure by growing its indirect investment business, Grosvenor Diversified Property Investments.
Its existing investment in these markets are being overseen by Ian Mair, group services director, spokesperson added.
Jowett also previously worked in research roles at Heitman, Moonbridge Capital, Abu Dhabi Investment Authority and JP Morgan Asset Management.
EASTSPRING NAMES QUANT CAPABILITY DIRECTOR
Eastspring Investments named Michael Sun Xiaochen as director of quant capability, based in London.
He will represent the broad range of Eastspring’s quantitative strategies and will partner with distribution teams across Asia, EMEA and the Americas.
Sun reports to Ben Dunn, head of quantitative strategies.
The role is not newly created, the firm told AsianInvestor, without providing further details.
Sun has 18 years of industry experience, with previous positions at Unigestion, HSBC Global Asset Management, MSCI Barra and a UK-based FinTech firm.
SFC WELCOMES NEW ADVISORS
The Hong Kong government appointed five new members to the Securities and Futures Commission (SFC) advisory committee, including Wilfred Yiu Ka-yan, chief executive of Hong Kong Exchanges and Clearing (HKEX).
They will serve a two-year term from June 1, 2023 to May 31, 2025.
Other new members include Jia Hongrui, chief executive officer of Shanghai-based SPDB International Holdings; Phillip Meyer, general counsel at Oasis Management Company; and Harold Wong Tsu-hing, managing director and chief executive of Dah Sing Bank.
They replaced outgoing members including BlackRock former Asia-Pacific head of public policy Winnie Pun Wing-nin; retired HKEX president and chief operating officer Calvin Tai Chi-kin; retired Bank of China (Hong Kong) deputy chief executive Ann Kung Yeung Yun-chi; and Deutsche Bank Hong Kong CEO Yim Lok-kui.
The SFC advisory committee advises the SFC on policy matters regarding its regulatory objectives and functions. In addition to a total of 11 appointed members, the committee comprises the chairman, CEO and two executive directors of the SFC.