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.
Investor risk appetite saw a modest pickup at the end of August after investors took a cautious stance at the beginning of the month, a global firm has found.
Reflecting on recent court cases against Active Super and Mercer Super on greenwashing, legal experts have identified potential ripple effects on private markets and institutional investors in these funds.
Stafford Capital has secured a $220 million mandate, its second co-investment with a super fund in recent weeks.
The $83 billion industry super fund is continuing its strategic partnership with a boutique investment firm.