The world’s third-largest pension fund is planning to put external managers under stricter ESG mandates, underscoring the importance of ESG in asset allocation.
The London-based clearing house beat seven other firms to the mandate. Meanwhile, Chi-X is in talks with other Asia-Pacific exchanges over similar deals.
Susumu Okamura takes over from Christof Kutscher, who has been running UBS Global AM's Japanese operations alongside his regional responsibilities for the past 17 months.