Australian Retirement Trust starts search for next CEO; MAS names next MD; Cbus appoints deputy CIO; LGIM opens Singapore office; Northern Trust names HK head of asset servicing; HSBC Life Singapore gets new CEO; and more.
OMERS names new APAC chief; Cbus gets interim chief executive; AllianceBernstein global co-head of equity trading takes on new role; JLL names Taiwan MD; Whampoa Group adds digital investment co-heads; and more.
The Dutch pension fund is working with investment managers to make the social impact of property investing more quantifiable on a per fund basis even as poor measurement remains a challenge for the sector.
The head of ESG at Allianz Real Estate said that making brown buildings green adds only 5% to 10% to renovation costs. Yet some investors are reluctant to make the changes.
Terry Yung joins BOC Life as chief investment officer; Pinebridge appoints co-heads for Asia ex-Japan fixed income; Korea's KY AM names alternatives head; Nomura AM Taiwan gets new CEO; and more.
Real estate investment volumes soared in the region in the first half of this year, as institutions continue to diversify portfolios. But there are short-term concerns to contend with.
High prices, strict capital controls, renminbi weakening and over-supply concerns are all cited as factors hurting offshore flows into mainland commercial real estate.