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.
The $75 billion fund has gained exposure to decarbonisation solutions in its first listed equities impact investment.
The superannuation fund is expanding its investment exposure to industrial property through a $1 billion partnership with Barings, a global investment manager.
AustralianSuper has usurped the Future Fund as the biggest Australian asset owner, jumping from 43rd to 36th place globally, according to an annual study by the Thinking Ahead Institute.
IFM Investors, the global institutional asset manager owned by superannuation funds, has signed a memorandum of understanding with the UK government to invest £10 billion by 2027.
Add new comment