BlackRock names new head of institutions
BlackRock has appointed Kimberly Kim to the newly-created post of head of financial institutions group, Asia-Pacific, effective April 2018.
BlackRock’s APAC head of client business, Andrew Landman said that Asia Pacific insurance industry was currently benefiting from wealth accumulation and would require “renewed efforts to save for retirement.”
BlackRock’s head of global financial institutions group, David Lomas commented on Kim’s appointment: “Kimberley’s breadth of expertise with insurance firms, coupled with her investment market knowledge, positions her well to serve our clients in a more consultative and broad-based manner, while helping them navigate today’s complex investment environment.”
Kim joined from Deutsche Asset Management, where she served most recently as head of global client group fort Hong Kong and Regional Head of Insurance coverage for APAC ex-Japan.
She also has 15 years of experience at Deutsche Bank, having worked across asset management and global market divisions, serving the region’s institutional client business with a focus on the insurance and asset management client base.
Recommended for you
Dan Farmer, chief investment officer of MLC Asset Management, has detailed how its super fund allocations have evolved and whether the fund will consider investing in bitcoin.
Australia’s superannuation capital has been positioned to play a larger role in south-east Asia’s economic development under a new government-backed deal.
Superannuation funds have become the dominant force behind Australia’s private markets boom, fuelling unprecedented growth and reshaping manager operations.
Reserve Bank governor Michele Bullock has said the central bank sees private demand picking up over the next year, taking over from public demand.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
225.31 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
121.06 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Smarter Money Long-Short Credit Investor USD
68.96 3 y p.a(%)
