FinanceAsia’s Post

A BIG thank you to our clients and panelists that came together to make this event a grand success - Shilpa Singhal Venn Saltirov Manik Gupta Sumit Bhandari Wei Hsien Chan Mark Glengarry Sam Lukaitis Rohan Khanolkar, CFA, FRM Damien Ng! And to the entire team at Barclays including - Avinash Thakur, JR, Angela Liu, Abhay Sinha, Lu Zhang, Alice Sun, Avanti Save, Suprita Vohra, PhD, Shobhit Bahl Andrew Ashman Sandeep Tharian - that navigated dialog & share our perspectives. APAC credit markets are at the cusp of change and it was very exciting to see two distinct markets in the APAC HY & Private Credit - come together to deliberate the way forward. As our Borrower clients at the event will attest - the HY and Private Credit markets in APAC are in fact not in competition but complimentary financing tools across the cap stack for companies in fast growing APAC economies. At Barclays, we look forward to helping Borrower clients access both these pools of capital and working closely with our Investor clients to bring more innovation and growth to APAC credit markets.

Monetary Authority of Singapore (MAS) has set up a Review Group to recommend measures to strengthen equities market development in Singapore. The Review Group will be supported by two workstreams: a. The Enterprise and Markets workstream will aim to address market challenges, foster listings, and facilitate market revitalisation. b. The Regulatory workstream will focus on enhancing the regulatory regime to facilitate market growth and foster investor confidence. While this is a positive news for the local ECM community, I wish that there are more representatives from capital market intermediaries in the Review Group. After all, they are the ones with first hand experience and know the problems that our stock market is struggling with. https://lnkd.in/gX5e-ErA

I really enjoyed joining senior finance leaders in Asia as a judge for the FinanceAsia Investment Banking Awards 2024. Surprisingly, investment banking strategies do not seem to have evolved much over the years, but I can clearly see how technology will change how investment banks operate. I envisage a rapid rise in prominence of IB specialist boutiques and also tech enabled M&A matching platforms such as match.asia. Congratulations to all the deserving winners! #manda #investmentbanking #investmentbanks #corporatefinance #SEAsia #matchasia #mergersandacquisitions #financeasia #fintech

26 China-listed companies unable to redeem $282 million of wealth management products with yield of 5.6% to 7.2% from 5 trust companies Guotong Trust, China Foreign Economy & Trade Trust, Zhongrong International Trust, Minmetals International Trust and Yunnan International Trust. Read - https://lnkd.in/gFzBkkzD follow Caproasia | Driving the future of Asia 26 China-listed companies had been reported to be unable to redeem $282 million(CNY 2 billion) of wealth management products with yield of 5.6% to 7.2% from 5 trust companies Guotong Trust, China Foreign Economy & Trade Trust, Zhongrong International Trust, Minmetals International Trust and Yunnan International Trust.  In December 2023, China asset manager Wanxiang Trust ($12 billion AUM) had missed interest payments on 2 trust products with $141 million AUM since August 2023.  Wanxiang Trust was setup in 2012 and is owned by one of China’s largest privately-owned conglomerates Wanxiang Group. 

MSCI has appointed Shane Edwards as MSCI Head of APAC Client Coverage, succeeding Kazuya Nagasawa who is departing.  Shane Edwards has 25 years of financial industry experience including at UBS, RBS, ABM AMRO, Deutsche Bank & Macquarie Bank.  Read - https://lnkd.in/gv5MGCes follow Caproasia | Driving the future of Asia MSCI has appointed Shane Edwards as MSCI Head of APAC Client Coverage, succeeding Kazuya Nagasawa who is departing.  Shane Edwards has 25 years of financial industry experience including at UBS, RBS, ABM AMRO, Deutsche Bank & Macquarie Bank.  MSCI (3/10/24): “MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services for the global investment community, announced that Shane Edwards, MSCI’s current Head of Australia & New Zealand (ANZ) Client Coverage, has been appointed to the role of Head of APAC Client Coverage, effective today. Mr. Edwards will report directly to Axel Kilian, Chief Client Officer.  In this role, Mr. Edwards will assume the responsibility of overseeing MSCI’s sales and client relationship management in APAC, and delivering a cohesive, solutions-driven client strategy as Kazuya Nagasawa, current Head of APAC Client Coverage, leaves the firm to pursue new opportunities.  Before he joined MSCI in February 2024, Mr. Edwards was Global Head of Equity Derivatives at UBS, where he was responsible for sales, trading and structuring functions across all product areas. He brought to the role 25 years of experience in finance, having also worked at RBS/ABN Amro, Deutsche Bank and Macquarie Bank.  Mr. Edwards will have interim responsibility as the Head of ANZ Client Coverage, and will continue to be based in Sydney, Australia.” Axel Kilian, MSCI Chief Client Officer: “Shane’s strategic vision and his focus on collaboration and client centricity have made a tremendous impact on MSCI’s ANZ business in a short period of time. I am excited to have Shane drive the next chapter of business growth for our APAC franchise. I would also like to thank Kazu for his tremendous contribution to MSCI in the past 12 years. His leadership has strengthened our Japan and Asia Pacific market presence and competitive edge, and helped build a solid foundation for continued growth.” MSCI Inc. – MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process. MSCI Inc.

Mubadala Capital Investment Company and Goldman Sachs have signed a $1B separately managed account (Partnership) to co-invest in private credit opportunities across the Asia Pacific region. Private Credit at Goldman Sachs Alternatives will manage the Partnership, with a dedicated team on the ground in multiple Asia Pacific markets. Goldman Sachs, with 165 seasoned credit investment professionals overseeing over $110bn in assets, will leverage its network, expertise, and capabilities to source and underwrite global lending opportunities. #uae #investment #mubadala #goldmansachs #financeworld #financeworldmagazine

By 2030, an estimated $18 trillion - similar to China's annual GDP - will transition to new beneficiaries. Are wealth managers ready for this massive wealth transfer? Explore key actionable insights in our report. #WealthManagement #EYWAM #EYGlobalCenterforWealthManagement

By 2030, an estimated $18 trillion - similar to China's annual GDP - will transition to new beneficiaries. Are wealth managers ready for this massive wealth transfer? Explore key actionable insights in our report. #WealthManagement #EYWAM

By 2030, an estimated $18 trillion - similar to China's annual GDP - will transition to new beneficiaries. Are wealth managers ready for this massive wealth transfer? Explore key actionable insights in our report. #WealthManagement #EYWAM

By 2030, an estimated $18 trillion - similar to China's annual GDP - will transition to new beneficiaries. Are wealth managers ready for this massive wealth transfer? Explore key actionable insights in our report. #WealthManagement #EYWAM